The winner s curse

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Winner of the Nobel Memorial Prize in Economic Sciences 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.

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The Winner's Curse

Rating: 0 / 5 | Prijs: € 16.76

winner of the nobel memorial prize in economic sciences 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 Direct beschikbaar .. MEER INFO

Little Book Of Behavioral Investing

Rating: 4 / 5 | Prijs: € 17.33

Ben graham the father of value investing once said the investor s chief problem and even his worst enemy is likely to be himself sadly graham s words are still true today bias emotion and overconfidence are just three of the many behavioral traits that can lead investors to lose money Op voorraad. Voor 23:59 besteld, morgen in huis .. MEER INFO