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American Poems: Books: The Winner's Curse: Paradoxes and Anomalies of Economic Life
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 Home » Books » The Winner's Curse: Paradoxes and Anomalies of Economic Life

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

The Winners Curse: Paradoxes and Anomalies of Economic Life
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  • List Price: $32.95
  • Buy New: $11.96
  • as of 9/16/2014 23:33 EDT details
  • You Save: $20.99 (64%)
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New (34) Used (50) from $4.61
  • Seller:academic_book_guy
  • Sales Rank:303,645
  • Languages:English (Unknown), English (Original Language), English (Published)
  • Media:Paperback
  • Number Of Items:1
  • Pages:240
  • Shipping Weight (lbs):0.8
  • Dimensions (in):9.2 x 6.1 x 0.6
  • Publication Date:January 10, 1994
  • ISBN:0691019347
  • EAN:9780691019345
  • ASIN:0691019347
Availability:Usually ships in 1-2 business days


Editorial Reviews:
Synopsis

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.


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