Winner's Curse (BOK)

Winner's Curse (BOK)

Thaler

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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 losers--they pay too much and suffer the "winner's curse"--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. An ebook edition is available from The Free Press at leading on-line booksellers.

Produktfakta

Språk Engelsk Engelsk Innbinding Heftet
Utgitt 1994 Forfatter Thaler
Forlag
University Press Group Ltd
ISBN 9780691019345
Antall sider 240 Dimensjoner 23,5cm x 15,6cm x 1,5cm
Vekt 344 gram Leverandør Bertram Trading Ltd