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008 160207s2016 nyu b 001 0 eng
010 _a 2016001296
020 _a9781610394925 (hardback)
020 _a1610394925 (hardback)
040 _aDLC
_beng
_cDLC
_erda
_dDLC
041 _aeng
042 _apcc
050 1 4 _aHB 171
_bF542i 2016
082 0 0 _a381
100 1 _aPicón Chaparro, María Carla,
_d1980-
_925226
245 1 4 _aThe inner lives of markets :
_bhow people shape them--and they shape us /
_cRay Fisman and Tim Sullivan.
250 _aFirst edition.
264 1 _aNew York :
_bPublicAffairs,
_c[2016]
300 _ax, 206 pages ;
_c25 cm
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references (pages 185-197) and index.
505 _aIntroduction: Terms of service Why people love markets : R.A. Radford's stiff upper lip and the economic organization of POW camps The scientific aspirations of economists, and why they matter : how economics came to rule the world How one bad lemon ruins the market : that's for me to know and for you to find out (but only when it's too late) The power of signals in a world of cheap talk : face tattoos and other signs of hidden qualities Building an auction for everything : the tale of the roller-skating economist The economics of platforms : is that a market in your pocket or are you just happy to see me? Markets without prices : how to find a prom date in seventeen easy steps Letting markets work : how a hardcore socialist learned to stop worrying and love the market How markets shape us : the making of King Rat
520 _a" What is a market? To most people it is a shopping center or an abstract space in which stock prices vary minutely. In reality, a market is something much more fundamental to being human, and it affects not just the price of tomatoes but the boundaries of everything we value. Reading the newspapers these days, you could be forgiven for thinking that markets are getting ever more efficient-and better. But as Tim Sullivan and Ray Fisman argue in this insightful book, that view is far from complete. For one thing, efficiency isn't always a good thing-illegal markets are very often more efficient than legal ones, because they are free of concern for laws and human rights. But even more importantly, the chatter about efficiency has obscured a much broader conversation about what kind of economic exchange we actually want. Every regulation, every sticker price, and every sale is part of an ever-changing ecosystem-one that affects us as much as we affect it. By tracing 50 years of economic thought on this subject, Fisman and Sullivan show how markets have evolved-and how we can keep making them better. This leads to fascinating and surprising insights, such as: Why your $10,000 used car is likely to sell for $2,000 or less; Why you should think twice before buying batteries on Amazon; and Why it's essential that healthy people buy medical insurance. In the end, The Inner Lives of Markets argues for a new way of thinking about how you spend your money-it shows that every transaction you make is part of a grand social experiment. We are all guinea pigs running through a lab maze, and the sooner we realize it, the more effectively we can navigate the path we want"--
_cProvided by publisher.
650 0 _aEconomics.
650 4 _aEconomía
_9761
650 0 _aFree enterprise.
650 4 _aLibre empresa
_96739
650 0 _aMarkets.
650 4 _aMercados
_94257
650 0 _aConsumer behavior.
650 4 _aComportamiento del consumidor
_91328
700 1 _aSullivan, Tim,
_d1970-
_925227
776 0 8 _iOnline version:
_aFisman, Raymond, author.
_tInner lives of markets
_bFirst edition.
_dNew York : PublicAffairs, [2016]
_z9781610394932
_w(DLC) 2016006755
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2lcc
_cBK