The Winner'S Curse: Paradoxes And Anomalies Of Economic Life

The Winner'S Curse: Paradoxes And Anomalies Of Economic Life

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In This Book, Nobel Prizewinning 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 Losersthey Pay Too Much And Suffer The Winner'S CurseWhy 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 Online Booksellers.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

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Frequently Asked Questions

  • Q: What is the main focus of 'The Winner's Curse' by Richard Thaler? A: 'The Winner's Curse' explores various paradoxes and anomalies in economic life, highlighting how traditional economic theories often overlook these complexities.
  • Q: Who is the author of this book? A: The book is authored by Richard H. Thaler, a Nobel Prize-winning economist known for his contributions to behavioral economics.
  • Q: How many pages does this book have? A: The book contains 240 pages, providing a concise yet comprehensive exploration of economic anomalies.
  • Q: What type of binding does the book have? A: The book is available in paperback binding, making it user-friendly and suitable for reading.
  • Q: When was 'The Winner's Curse' published? A: 'The Winner's Curse' was published on January 10, 1994, and it continues to be relevant in discussions of economic behavior.
  • Q: What topics does Richard Thaler address in the book? A: Thaler addresses topics such as auction behavior, gambling tendencies, consumer choices, and market efficiency, illustrating these concepts with engaging examples.
  • Q: Is there an ebook version available? A: Yes, an ebook edition of 'The Winner's Curse' is available from The Free Press at leading online booksellers.
  • Q: What is the condition of the book being sold? A: The item is listed as in 'Good' condition, indicating it is well-maintained and suitable for reading.
  • Q: What category does this book fall under? A: 'The Winner's Curse' is categorized under 'Theory', making it ideal for those interested in economic theories and behavioral insights.
  • Q: What can readers expect in terms of writing style? A: Readers can expect a literate and often humorous writing style, making complex economic concepts accessible and engaging.