Using the Akerlof, George A., The Market for ‘Lemons’: Quality Uncertainty and t

by Caaltu · May 29, 2024

Using the Akerlof, George A., The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism article, videos from learning resources and Chapter Sixteen in the Greenlaw and Shapiro (2017) texbook, create a 5-7 slide (excluding title and reference slide) training presentation composed of the following:
First slide: Title
Second slide: Introduction
Third and following slides: Describe and evaluate the economic effects and risks of imperfect and asymmetric information from the view of both the seller and buyer.
Analyze the effects specifically to your selected product or service in the view of the buyer and seller.
Demonstrate ways to reduce the risk of imperfect information for your selected product or service.
Next to last slide: Conclusion, summarize presentation
Last slide: References
Remember your audience is interns that are not familiar with these concepts, so make sure to use scholarly support in-text citations (Author, Year, p. #) to make your points stronger. Three scholarly sources (your textbook can be used as one) should be used.
Also make sure to use charts and visuals to keep their attention. These interns could be future employees within your department, so applying these concepts specifically to your product or service could help with their future training.