The Inner Lives Of Markets
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The Inner Lives of Markets
Author | : Ray Fisman |
Publisher | : Public Affairs |
Total Pages | : 226 |
Release | : 2016-06-07 |
Genre | : Business & Economics |
ISBN | : 1610394925 |
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In the 21st century, markets in which competing sellers and multiple buyers meet face-to-face and haggle over prices are increasingly rare; that's the classic free market model guided by an invisible hand. Instead, platforms like eBay are emerging in ever-increasing numbers, transforming marketplaces and replacing the invisible hand with customized interactions among participants. In this enlightening travelogue of markets and economic theories, authors Ray Fisman and Tim Sullivan use a breezy, anecdotal style to illuminate how people make decisions in their day-to-day economic lives in this newly emerging world. getAbstract recommends this intriguing overview to general readers as well as to executives and investors.
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