Read The Winner's Curse: Paradoxes and Anomalies of Economic Life

The Winner's Curse: Paradoxes and Anomalies of Economic Life

Richard H. Thaler

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Description: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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Winner's Curse: Paradoxes and Anomalies of Economic Life. To get started finding The Winner's Curse: Paradoxes and Anomalies of Economic Life, you are right to find our website which has a comprehensive collection of manuals listed.
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ISBN: 0691019347

Description: 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Winner's Curse: Paradoxes and Anomalies of Economic Life. To get started finding The Winner's Curse: Paradoxes and Anomalies of Economic Life, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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The Winner's Curse: Paradoxes and Anomalies of Economic Life

The Winner's Curse: Paradoxes and Anomalies of Economic Life

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