In this study, whole lemons were dried using a laboratory convective hot air dryer and the effects of drying temperature on dehydration behaviour and mass transfer characteristics of the lemons were investigated. The drying experiments were conducted using air temperatures of 50, 60 and 75 °C and air velocity of 1 m/s. It was observed that the drying temperature affected the drying time and...

Abstract The rise of instant buyer (iBuyer) businesses in the past years has made automated valuation models (AVMs) an important part property market. Although iBuyer services are demand, large actors within segment have reported dissatisfying profits over time. business model is subject to adverse selection as homeowners based on their superior knowledge home more likely accept overpriced bids...

Twenty Citrus cultivars grown in the Mediterranean climate were analysed at different stages of fruit maturity to determinate changes in organic acids, vitamin C and sugars. High-performance liquid chromatographic methods were used to identify and quantify of these compounds. The influences of variety, rootstocks and different stages of fruit maturity were observed. Generally, the vitamin C con...

We consider a market-for-lemons model where the seller is a price setter, and, in addition to observing the price, the buyer receives a private noisy signal of the product’s quality, such as when a prospective buyer looks at a car or house for sale, or when an employer interviews a job candidate. Su¢ cient conditions are given for the existence of perfect Bayesian equilibria, and we analyze equ...

This draft includes 9 new chapters on Extensive-Form Games, Monopoly/Cournot, Market Institutions and Power, Collusion, Lemons Markets, Asset Markets and Bubbles, Multi-Unit Auctions, Trust and Reciprocity, Voting (unfinished), and Common Pool Resources. A discussion of the Guessing Game has been added to Chapter 3. The more advanced chapters on Bayes’ Rule and Information Cascades have been mo...