The Government of Andhra Pradesh has taken up Andhra Pradesh Drought Mitigation Project (APDMP) to find a longer-term solution to manage droughts and mitigate distress arising out of it. The project has been started with the goal to improve the incomes and strengthen the drought resilience of 165,000 farm households […]
Asymmetric Information and Economic Policy
Published on :Consider a market for second hand cars where the sellers are usually more informed about the quality of the car and its various features than the buyers. The car can either be a “lemon” (bad quality second-hand cars) or a “peach” (good quality second-hand cars) and assume that the buyer […]