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The Winner's Curse

Paradoxes and Anomalies of Economic Life

The Winner's Curse( )
Author: Thaler, Richard H.
ISBN:978-0-691-01934-5
Publication Date:Jan 1994
Publisher:Princeton University Press
Book Format:Paperback
List Price:USD $23.95
Book Description:

In this book, Nobel Prize-winning economist 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...
More Description

Book Details
Pages:240
Detailed Subjects: Business & Economics / Economics / General
Philosophy / General
Physical Dimensions (W X L X H):6.045 x 9.126 x 0.637 Inches
Book Weight:0.75 Pounds



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