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THE ECONOMIC NATURALIST: In Search of Explanations for Everyday Enigmas - Couverture souple

Frank, Robert H.

 
9780465003570: THE ECONOMIC NATURALIST: In Search of Explanations for Everyday Enigmas
Couverture souple
ISBN 10 : 0465003575 ISBN 13 : 9780465003570
Editeur : Basic Books, 2008

Synopsis

Why do the keypads on drive-up cash machines have Braille dots? Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? For decades, Robert Frank has been asking his economics students to pose and answer questions like these as a way of learning how economic principles operate in the real world-which they do everywhere, all the time. Once you learn to think like an economist, all kinds of puzzling observations start to make sense. Drive-up ATM keypads have Braille dots because it's cheaper to make the same machine for both drive-up and walk-up locations. Travelers from Kansas City to Orlando pay less because they are usually price-sensitive tourists with many choices of destination, whereas travelers originating from Orlando typically choose Kansas City for specific family or business reasons. The Economic Naturalist employs basic economic principles to answer scores of intriguing questions from everyday life, and, along the way, introduces key ideas such as the cost-benefit principle, the "no cash on the table" principle, and the law of one price. This is as delightful and painless a way to learn fundamental economics as there is.

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À propos de l'auteur

Robert H. Frank is the Henrietta Johnson Louis Professor of Management Economics at Cornell University's Graduate School of Management and a regular columnist for the New York Times. His previous books include The Economic Naturalist, Falling Behind, The Winner-Take-All Society, Luxury Fever, and Principles of Economics (with Ben Bernanke). He lives in Ithaca, New York.

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Éditeur
Basic Books
Date d'édition
2008
Langue
anglais
ISBN 10 
0465003575
ISBN 13 
9780465003570
Reliure
Broché
Nombre de pages
240
Coordonnées du fabricant
non disponible
Personne responsable
non disponible