LEADER 00000cam  2200613 i 4500 
001    ocn920018187 
003    OCoLC 
005    20160823124454.0 
008    160207s2016    nyu      b    001 0 eng   
010      2016001296 
020    9781610394925|q(hardback) 
020    1610394925|q(hardback) 
035    (OCoLC)920018187 
040    DLC|beng|erda|cDLC|dYDXCP|dBTCTA|dBDX|dOCLCF|dCLE|dBKL
       |dCHVBK|dSTJ 
042    pcc 
049    STJJ 
050 00 HB171|b.F545 2016 
082 00 381|223 
084    BUS044000|aBUS076000|aBUS016000|2bisacsh 
092    330.122|bF542I 
100 1  Fisman, Raymond,|eauthor. 
245 14 The inner lives of markets :|bhow people shape them--and 
       they shape us /|cRay Fisman and Tim Sullivan. 
250    First edition. 
264  1 New York :|bPublicAffairs,|c[2016] 
300    x, 206 pages ;|c25 cm 
336    text|2rdacontent 
337    unmediated|2rdamedia 
338    volume|2rdacarrier 
504    Includes bibliographical references (pages 185-197) and 
       index. 
505 0  Introduction: 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    " 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 Economics. 
650  0 Free enterprise. 
650  0 Markets. 
650  0 Consumer behavior. 
650  7 BUSINESS & ECONOMICS / Economics / Microeconomics.
       |2bisacsh 
650  7 BUSINESS & ECONOMICS / Purchasing & Buying.|2bisacsh 
650  7 BUSINESS & ECONOMICS / Consumer Behavior.|2bisacsh 
650  7 Consumer behavior.|2fast|0(OCoLC)fst00876238 
650  7 Economics.|2fast|0(OCoLC)fst00902116 
650  7 Free enterprise.|2fast|0(OCoLC)fst00933866 
650  7 Markets.|2fast|0(OCoLC)fst01010316 
700 1  Sullivan, Tim,|d1970-|eauthor. 
776 08 |iOnline version:|aFisman, Raymond, author.|tInner lives 
       of markets|bFirst edition.|dNew York : PublicAffairs, 
       [2016]|z9781610394932|w(DLC) 2016006755 
994    C0|bSTJ