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- catalog abstract "Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as why do some supermarket items sell for more per ounce in larger sizes?). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as the diamond-water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today's economists (such as the voting paradox). This original and unusual book will have a wide appeal, ranging from the lay person with an interest in everyday economic puzzles, to the student and teacher wishing to develop their understanding of some of the paradoxes that have existed and continue to exist in economics. It will serve as an ideal source for teachers who want to challenge their students with unusual economic problems.".
- catalog contributor b10466095.
- catalog contributor b10466096.
- catalog created "c1997.".
- catalog date "1997".
- catalog date "c1997.".
- catalog dateCopyrighted "c1997.".
- catalog description "1. The Adam Smith paradox -- 2. The diamond-water paradox -- 3. The water problem -- 4. The case of the fourth egg -- 5. Profiting from pants -- 6. The price of quality -- 7. The rationality and risk puzzle -- 8. Gold's backward supply curve -- 9. The positive sloping demand curve? -- 10. The leisure paradox -- 11. The price discrimination dilemma -- 12. A hot vacation spot -- 13. The rare case of a Giffen good? -- 14. The case of the costly catsup -- 15. The mail order question -- 16. The businessman's query -- 17. Are teachers underpaid? -- 18. The pollution puzzle -- 19. Are market wages fair? -- 20. The highly valued occupation nobody wants -- 21. The stock market puzzler -- 22. Apples and the Alchian-Allen theorem.".
- catalog description "Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as why do some supermarket items sell for more per ounce in larger sizes?). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as the diamond-water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today's economists (such as the voting paradox).".
- catalog description "Includes bibliographical references and index.".
- catalog description "This original and unusual book will have a wide appeal, ranging from the lay person with an interest in everyday economic puzzles, to the student and teacher wishing to develop their understanding of some of the paradoxes that have existed and continue to exist in economics. It will serve as an ideal source for teachers who want to challenge their students with unusual economic problems.".
- catalog extent "xi, 215 p. :".
- catalog hasFormat "Puzzles and paradoxes in economics.".
- catalog identifier "1858983789".
- catalog isFormatOf "Puzzles and paradoxes in economics.".
- catalog issued "1997".
- catalog issued "c1997.".
- catalog language "eng".
- catalog publisher "Cheltenham, UK ; Brookfield, VT : Edward Elgar Pub. Co.,".
- catalog relation "Puzzles and paradoxes in economics.".
- catalog subject "330 20".
- catalog subject "Economics.".
- catalog subject "Finance.".
- catalog subject "HB199 .S54 1997".
- catalog subject "Macroeconomics.".
- catalog subject "Marketing.".
- catalog subject "Microeconomics.".
- catalog subject "Paradox.".
- catalog subject "Puzzles.".
- catalog tableOfContents "1. The Adam Smith paradox -- 2. The diamond-water paradox -- 3. The water problem -- 4. The case of the fourth egg -- 5. Profiting from pants -- 6. The price of quality -- 7. The rationality and risk puzzle -- 8. Gold's backward supply curve -- 9. The positive sloping demand curve? -- 10. The leisure paradox -- 11. The price discrimination dilemma -- 12. A hot vacation spot -- 13. The rare case of a Giffen good? -- 14. The case of the costly catsup -- 15. The mail order question -- 16. The businessman's query -- 17. Are teachers underpaid? -- 18. The pollution puzzle -- 19. Are market wages fair? -- 20. The highly valued occupation nobody wants -- 21. The stock market puzzler -- 22. Apples and the Alchian-Allen theorem.".
- catalog title "Puzzles and paradoxes in economics / Mark Skousen and Kenna C. Taylor.".
- catalog type "text".