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character: Market Failures
topic: Understanding how market failures occur due to information asymmetry and its economic implications.
grade: 12
subject: Economics
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character: Information Asymmetry
topic: Exploring the concept of information asymmetry and its role in creating inefficiencies in markets.
grade: 12
subject: Economics
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character: Frank Knight
topic: Discussion of Knightian uncertainty and how the lack of information affects economic decision-making.
grade: 12
subject: Economics
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character: George Akerlof
topic: Analyzing Akerlof's 'The Market for Lemons' and the effects of information asymmetry on market dynamics.
grade: 12
subject: Economics
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    https://www.yourstory.education/learn?character=George+Akerlof&topic=Analyzing+Akerlof%27s+%27The+Market+for+Lemons%27+and+the+effects+of+information+asymmetry+on+market+dynamics.&grade=12&subject=Economics
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