Logic of life

By:

Harford, Tim

Material type: Text

TextPublication details: London; "Little, Brown"; 2008Description: 272 pISBN:

9780316027571

Subject(s):

Economics

DDC classification:

330 HAR

Summary: Life often seems to defy logic. When a prostitute agrees to unprotected sex, or a teenage criminal embarks on a burglary, or a smoker lights another cigarette, we seem to be a million miles from what could be called rational behaviour. None of this makes sense- or does it? Tim Harford thinks it does. And by weaving stories from locations as diverse as a Las Vegas casino and a Soho speed-date together with insights from an ingenious new breed of economist, he aims to persuade you that we are all, in fact, surprisingly logical.. Reading this book, you'll discover that the unlikeliest of individuals - racists, drug addicts, revolutionaries and rats comply with economic logic, always taking account of future costs and benefits, even if they don't quite realise it. It will even explain why your boss is so overpaid.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	330 HAR (Browse shelf(Opens below))	Available		133011

Total holds: 0

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Previous	330 GUP Public economics in India	330 GUP Public economics in India	330 HAH ABCs of political economy : Modern approach	330 HAR Logic of life	330 HAR 7th ed. Modern economics; Introduction for business and professional students	330 HAY Road to serfdom	330 HOA 4th ed Introductory economics/ by Arleen J Hoag and John H Hoag	Next

Life often seems to defy logic. When a prostitute agrees to unprotected sex, or a teenage criminal embarks on a burglary, or a smoker lights another cigarette, we seem to be a million miles from what could be called rational behaviour. None of this makes sense- or does it? Tim Harford thinks it does. And by weaving stories from locations as diverse as a Las Vegas casino and a Soho speed-date together with insights from an ingenious new breed of economist, he aims to persuade you that we are all, in fact, surprisingly logical..

Reading this book, you'll discover that the unlikeliest of individuals - racists, drug addicts, revolutionaries and rats comply with economic logic, always taking account of future costs and benefits, even if they don't quite realise it. It will even explain why your boss is so overpaid.

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