Phishing for phools : the economics of manipulation and deception / George A. Akerlof and Robert J. Shiller.
2015
330.019 A314p 2015
Available at 3rd Floor
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Title
Phishing for phools : the economics of manipulation and deception / George A. Akerlof and Robert J. Shiller.
ISBN
9780691168319 (hbk. ; alk. paper)
0691168318 (hbk. ; alk. paper)
0691168318 (hbk. ; alk. paper)
Published
Princeton : Princeton University Press, [2015]
Language
English
Description
xvi, 272 pages ; 25 cm
Other Standard Identifiers
40025287634
40025372668
40025372668
Call Number
330.019 A314p 2015
System Control No.
(OCoLC)908084013
(OCoLC)908084013
(OCoLC)908084013
Summary
Akerlof and Shiller argue that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Based on the intuitive idea that markets both give and take away, they show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. In exploring the role of manipulation and deception, the authors explain a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation.
Bibliography, etc. Note
Includes bibliographical references (pages 233-256) and index.
Formatted Contents Note
Introduction: Expect to be manipulated: phishing equilibrium
Part one. Unpaid bills and financial crash. Temptation strews our path ; Reputation mining and financial crisis
Part two. Phishing in many contexts. Advertisers discover how to zoom in on our weak spots ; Rip-offs regarding cars, houses, and credit cards ; Phishing in politics ; Phood, pharma, and phishing ; Innovation: the good, the bad, and the ugly ; Tobacco and alcohol ; Bankruptcy for profit ; Michael Milken phishes with junk bonds as bait ; The resistance and its heroes
Part three. Conclusion and afterword. Conclusion: Examples and general lessons: New story in America and its consequences
Afterword : The significance of phishing equilibrium.
Part one. Unpaid bills and financial crash. Temptation strews our path ; Reputation mining and financial crisis
Part two. Phishing in many contexts. Advertisers discover how to zoom in on our weak spots ; Rip-offs regarding cars, houses, and credit cards ; Phishing in politics ; Phood, pharma, and phishing ; Innovation: the good, the bad, and the ugly ; Tobacco and alcohol ; Bankruptcy for profit ; Michael Milken phishes with junk bonds as bait ; The resistance and its heroes
Part three. Conclusion and afterword. Conclusion: Examples and general lessons: New story in America and its consequences
Afterword : The significance of phishing equilibrium.
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