Demystifying Economic Markets and Prices
Praeger Publishers Inc (Verlag)
978-1-4408-7252-5 (ISBN)
Some of the prices we come across every day cause us few problems, while others seem mysterious, frustrating, and even unfair. In this refreshing and entertaining approach to the "dismal science," Greg Woirol shows how we, uniquely among living creatures, use markets and prices to help organize our lives. Ranging from the price of diamonds, to cell phone plans, high fashion, scalped tickets, Christmas gifts, and much more, chapters in Demystifying Economic Markets and Prices build on one another to explain hidden structural and behavioral patterns. Woirol brings clarity to the arcane world of economics, allowing readers to see patterns and meaning in a wide range of everyday prices and markets. Along the way, the author gives advice about how best to address the issues and opportunities that markets create for consumers.
Gregory R. Woirol received his PhD in economics from the University of California, Berkeley and is professor emeritus of economics at Whittier College.
Acknowledgments
Introduction: Markets and Prices in Everyday Life
Chapter 1 Candy Bars, Used Cars, and Superstars: Patterns and Practices in Markets and Prices
Chapter 2 401(k)s, Lotto, Cell Phone Plans, and Diamonds: Structural and Behavioral Factors and Market Prices
Chapter 3 Fashion, Fads, and Brands: Information Gaps as a Structural Factor
Chapter 4 Santa Claus, Ticket Scalping, and Gift Cards: Information Gaps in Everyday Markets
Chapter 5 Bait-and-Switch, Counterfeit Goods, and Low-Price Guarantees: How Sellers Can Take Advantage of Information Gaps
Chapter 6 Computer Repairs, Mortgage Loans, Hidden Fees, and Credit Cards: Products Bought from Experts and Groups of Buyers as Structural Factors
Chapter 7 Music and the Erie Canal, College Tuition, and Good Monopoly Prices: Technological Change, Buyer Characteristics, and Barriers to Entry as Structural Factors
Chapter 8 Shopping Malls, Whales, and Prescription Drugs: The Absence of Normally Expected Features in Markets
Chapter 9 Halloween Candy, Soft Drinks, Senior Citizen Discounts, and College Grants: Buying More at a Lower Price as a Behavioral Factor
Chapter 10 High-Paid Jobs, Tenure, and Why Are There So Many Lawyers?: Structural and Behavioral Factors in Labor Markets
Chapter 11 Beauty, Orchestra Auditions, and the Rat Race: Behavioral Biases and Information Gaps in Labor Markets
Chapter 12 How People Shop, the Great Recession, and the End of the Soviet Union: Markets and Prices Can Be Challenging, but the End Result Is Positive
References
Index
| Erscheinungsdatum | 10.09.2019 |
|---|---|
| Sprache | englisch |
| Maße | 156 x 235 mm |
| Gewicht | 510 g |
| Themenwelt | Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte |
| Wirtschaft ► Allgemeines / Lexika | |
| Wirtschaft ► Betriebswirtschaft / Management ► Marketing / Vertrieb | |
| Wirtschaft ► Volkswirtschaftslehre | |
| ISBN-10 | 1-4408-7252-X / 144087252X |
| ISBN-13 | 978-1-4408-7252-5 / 9781440872525 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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