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Economic Naturalist In Search of Explanations for Everyday Enigmas

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ISBN-10: 0465003575

ISBN-13: 9780465003570

Edition: 2008

Authors: Robert H. Frank

List price: $22.99
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Description:

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 it7;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…    
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Book details

List price: $22.99
Copyright year: 2008
Publisher: Basic Books
Publication date: 4/8/2008
Binding: Paperback
Pages: 240
Size: 5.42" wide x 8.01" long x 0.66" tall
Weight: 0.484
Language: English

Robert H. Frank is an economics professor at Cornell's Johnson Graduate School of Management and a regular "Economic View" columnist for the "New York Times", and a Distinguished Senior Fellow at Demos. His books, which have been translated into 22 languages, include "The Winner-Take-All Society" (with Philip Cook), "The Economic Naturalist", "Luxury Fever", "What Price the Moral High Ground?", and "Principles of Economics" (with Ben Bernanke).

Acknowledgments
Introduction
Rectangular Milk Cartons and Cylindrical Soda Cans: The Economics of Product Design
Free Peanuts and Expensive Batteries: Supply and Demand in Action
Why Equally Talented Workers Often Earn Different Salaries and Other Mysteries of the World of Work
Why Some Buyers Pay More Than Others: The Economics of Discount Pricing
Arms Races and the Tragedy of the Commons
The Myth of Ownership
Decoding Marketplace Signals
The Economic Naturalist Hits the Road
Psychology Meets Economics
The Informal Market for Personal Relationships
Two Originals
Parting Thoughts
Notes
Index