Advertising Insights
How Publishers Can Solve Their 'Lemon Market' Problem to Command Higher Ad CPM
In today’s digital ad market, premium publishers are facing a “lemon market” situation. This market theory, developed by economist George Akerlof in 1970, explains why high-quality products often sell for prices that don't reflect their true value. Essentially, when buyers can't tell the difference between superior and inferior products, they opt for the cheaper option.