Titre : | The winner's curse : paradoxes and anomalies of economic life |
Auteurs : | Richard H. Thaler, Auteur |
Type de document : | Ouvrages |
Editeur : | New York : Free Press, 1992 |
ISBN/ISSN/EAN : | 978-0-02-932465-3 |
Format : | 1 vol. (IX-230 p.) / 24 cm |
Langues: | Anglais |
Catégories : |
[Eurovoc] ÉCHANGES ÉCONOMIQUES ET COMMERCIAUX > commerce international [Eurovoc] ÉCONOMIE |
Tags : | economie politique |
Résumé : | 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. |
Note de contenu : |
Cooperation / with Robyn M. Dawes --
The ultimatum game -- Interindustry wage differentials -- The winner's curse -- The endowment effect, loss aversion, and status quo bias / with Daniel Kahneman and Jack L. Knetsch -- Preference reversals / with Amos Tversky -- Intertemporal choice / with George Loewenstein -- Savings, fungibility, and mental accounts -- Pari-mutuel betting markets / with William T. Ziemba -- Calendar effects in the stock market -- A mean reverting walk down Wall Street / with Werner F.M. De Bondt -- Closed-end mutual funds / with Charles M.C. Lee and Andrei Shleifer -- Foreign exchange / with Ken A. Froot. |
Exemplaires (1)
Code-barres | Cote | Support | Localisation | Section | Disponibilité |
---|---|---|---|---|---|
006234 | C 213 | Livre | Centre de documentation du CERDI / Ecole d'Economie | Salle de lecture | Disponible |