tag:blogger.com,1999:blog-7169279.post2205548728140199516..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: No Lemons in the Wine IndustryDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7169279.post-38985899814234454322013-12-09T17:41:01.982-07:002013-12-09T17:41:01.982-07:00Ryan Horlacher: 100/100
I would say that the Lemo...Ryan Horlacher: 100/100<br /><br />I would say that the Lemons Model will be applicable in this situation, once enough people start to get burned.<br /><br />I think Ryan's analysis is fine, but I'd two more possibilities.<br /><br />1) You're likely to see more registration of wine bottles with a unique code that links to a database.<br />2) Alternatively, perhaps the market is stillDave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.com