The phrase "a market breakdown" is correct and usable in written English.
It can be used to refer to a situation where a market fails to function properly, often leading to a significant drop in prices or a loss of confidence among investors.
Example: "The recent economic crisis led to a market breakdown, causing panic among investors and a sharp decline in stock prices."
Alternatives: "market collapse" or "market failure".
He is likely to repeat his view that there is a distinction between falling securities prices and a market breakdown.
Bernanke is likely to repeat his view that there is a distinction between falling securities prices and a market breakdown (See Say Anything).
So she will decide against participation, in case of participation p is arbitrary, and for any p we get undertreatment and overcharging just as in Γ B. The argument for Γ M is similar, also leading to a market breakdown.
Then in any Perfect Bayesian Equilibrium (PBE) the expert always provides the low quality and charges the price for the high quality if the consumer accepts; anticipating this, the consumer decides against the visit of the expert (this follows from condition (2)), which leads to a market breakdown.
Here's a rough market breakdown based on one assessment in 2014.
In an intermediate range both market breakdown (supported by the expectation that the expert exhibits type-1 behavior in case of acceptance) and acceptance (supported by the belief that the expert exhibits type-2 behavior in case of acceptance) are consistent with equilibrium.
Mobile analytics firm Xyologic has released a market share breakdown that estimates the mobile ad and ad exchange network breakdowns on Android.
A necessary and sufficient condition for market breakdown is obtained.
For those unfamiliar with the term 'native advertising,' it is defined as ad strategies that allow brands to promote their content into the endemic experience of a site in a non-interruptive, integrated way (see the native ad market breakdown here).
The bounds for existence of each of the three types of PBE are as shown in Fig. 2. As can be seen from this figure, for relatively low values of the guilt-sensitivity parameter γ there is a unique PBE and the behavior in that PBE implies market breakdown, just as in the selfish benchmark of Subsection 2.4.
Extreme adverse selection arises when private information has unbounded support, and market breakdown occurs when no trade is the only equilibrium outcome.
