The winner's curse: paradoxes and anomalies of economic life

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Free Press, 1992 - Business & Economics - 230 pages
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The winner's curse: paradoxes and anomalies of economic life

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An economic anomaly occurs when there is a difference between how standard economic theory predicts people should behave and how people actually behave. Thaler examines a number of these situations ... Read full review

Contents

Cooperation
6
The Ultimatum Game
21
Interindustry Wage Differentials
36
Copyright

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About the author (1992)

Thaler is the Henrietta Louis Johnson Professor of Economics at the Johnson Graduate School of Management at Cornell University.

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