Today’s Fact: Market for Lemons

Fact 1 Source: Stat 155 Textbook, Game Theory by Anna R. Karlin and Yuval Peres

A Bit Of Background

The Coronavirus hit us all pretty hard. Now that school is moved online, and Berkeley classes have all been moved to P/NP, I’ve decided to take on the goal of finding one daily random fact with my friend Andi Gu. Hopefully, whoever stumbles upon this blog will find them as interesting as we do!