000			05213cam a2200445 i 4500
999			_c4837 _d4837
001			18966504
003			OSt
005			20230621113247.0
008			160207s2016 nyu b 001 0 eng
010			_a 2016001296
020			_a9781610394925 (hardback)
040			_aDLC _beng _cDLC _erda _dDLC
042			_apcc
050	0	0	_aHB171 _b.F545 2016
082	0	0	_a381 _223
084			_aBUS044000 _aBUS076000 _aBUS016000 _2bisacsh
100	1		_aFisman, Raymond, _eauthor.
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.
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.
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		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- _eauthor.
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