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发帖数: 2729 | 1 To some extent, this behaviour can be seen as an instance of Akerlof’s ‘
lemons’ problem: In a crisis situation, in which there is asymmetric
information about the quality of assets that are being traded, any potential
investor must fear that the seller is trying to unload his rotten apples
while keeping the good ones. Similarly, with asymmetric information about
the solvency of a potential borrower, any investor must fear the rotten
apples in the borrower’s portfolio. To protect himself against |
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