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Customer retention in the automotive industry : an economic analysis

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Information Asymmetry and the Lemons Market Theory : Empirical Evidence From the Lebanese Automobile Market

yahchouchi, georges; Khalife, Jimmy - 2018

Based on the previous work published in 1970 by George A. Akerlof along with Michael Spence and Joseph Stiglitz, this research paper investigates the automobile market in Lebanon. The main theory adopted in this paper is the Lemons market theory which explores consumer's behavior under...

Persistent link: https://www.econbiz.de/10014033172