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9 of 12 people found the following review helpful:
5.0 out of 5 stars Akerlof Entertains While Educating, November 16, 2000
This review is from: An Economic Theorist's Book of Tales (Paperback)
Beautifully simple models to explain common phenomena economically. Why do the values of used cars depreciate so much relative to new? (and why are there so many that are "lemons"). Does it make sense to use statistical indicators (e.g., be racist or otherwise biased)? When?

Lots of simple models in the spirit of Becker. A must read.

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An Economic Theorist's Book of Tales
An Economic Theorist's Book of Tales by George A. Akerlof (Paperback - October 26, 1984)
$48.00
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