000 03285nam a22004578i 4500
001 2016001296
003 DLC
005 20190729110545.0
008 160207s2016 nyu b 001 0 eng
010 _a 2016001296
020 _a9781610394925 (hardback)
040 _aDLC
_beng
_erda
_cDLC
_dMvI
042 _apcc
050 0 0 _aHB171
_b.F545 2016
082 0 0 _a381
_223
084 _aBUS044000
_aBUS076000
_aBUS016000
_2bisacsh
100 1 _aFisman, Raymond,
245 1 4 _aThe inner lives of markets :
_bhow people shape them--and they shape us /
_cRay Fisman and Tim Sullivan.
250 _aFirst edition.
263 _a1603
264 1 _aNew York :
_bPublicAffairs,
_c[2016]
300 _apages cm
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
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.
504 _aIncludes bibliographical references and index.
650 0 _aEconomics.
650 0 _aFree enterprise.
650 0 _aMarkets.
650 0 _aConsumer behavior.
650 7 _aBUSINESS & ECONOMICS / Economics / Microeconomics.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Purchasing & Buying.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Consumer Behavior.
_2bisacsh
700 1 _aSullivan, Tim,
_d1970-
776 0 8 _iOnline version:
_aFisman, Raymond, author.
_tInner lives of markets
_bFirst edition.
_dNew York : PublicAffairs, [2016]
_z9781610394932
_w(DLC) 2016006755
948 _au613434
949 _aHB171 .F545 2016
_wLC
_c1
_hEY8Z
_i33039001399186
596 _a1
903 _a33925
999 _c33925
_d33925