Unverified50% confidenceFactExact time
The lemon market effect refers to the phenomenon where, when the cost of supplying resources drops significantly, the market is rapidly filled with low-quality products, with inferior goods driving out superior ones.
1
Sources
50%
Confidence
Long-term
Relevance
9/25/2026
First Seen
Sources
Related Entities
Related Claims
UnverifiedCarbon markets exhibit the lemon market theory (adverse selection) phenomenon, where buyers cannot distinguish between high- and low-quality goods, causing high-quality goods to be driven out and resulting in a continuous decline in market quality.77% similarVerifiedThe "lemons market" theory proposed by George Akerlof reveals that when there is severe information asymmetry between buyers and sellers, the market will experience systematic adverse selection in quality, with inferior products driving out superior ones.75% similarUnverifiedWhen supply far exceeds demand, a 'buyer's market' forms, prices are driven down, and producer profits approach zero — this is what economics refers to as a 'perfectly competitive market'.69% similarUnverified当某项技能供给方大量涌现，其市场溢价会被快速压缩，即经济学中的“商品化陷阱”66% similar
Cite This Claim
Stable URI
https://kongchang.com/claim/950617API
curl https://kongchang.com/api/v1/knowledge/claims/950617MCP
get_claim(id=950617)