Winner's Curse e-bog
131,30 DKK
(inkl. moms 164,12 DKK)
Winner of the Nobel Memorial Prize in Economic Sciences Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losersthey pay too much and suffer the "e;winner's...
E-bog
131,30 DKK
Forlag
Free Press
Udgivet
26 juni 2012
Længde
240 sider
Genrer
Economic theory and philosophy
Sprog
English
Format
epub
Beskyttelse
LCP
ISBN
9781451697872
Winner of the Nobel Memorial Prize in Economic Sciences Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losersthey pay too much and suffer the "e;winner's curse"e;why gamblers bet on long shots at the end of a losing day, why shoppers will save on one appliance only to pass up the identical savings on another, and why sports fans who wouldn't pay more than $200 for a Super Bowl ticket wouldn't sell one they own for less than $400. He also demonstrates that markets do not always operate with the traplike efficiency we impute to them.