Michael Munger of Duke University and Russ Roberts talk about the economics of ticket scalping, examining our reactions to free and found goods, gifts, e-Bay, value in use vs. value in exchange, and opportunity costs.
Tagged with “economics” (3)
Stephen J. Dubner | SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance
Freakonomics by Steven D. Levitt and Stephen J. Dubner spent more than two years on the New York Times Best Sellers list and sold more than 4 million copies worldwide. The book offered surprising insights into hot-button issues like cheating, crime, parenting, and class consciousness, in a compelling and readable style. Now, with SuperFreakonomics, the "rogue economist” and the award-winning journalist delve into the hidden agendas of all kinds of individuals, and the incentives that drive them. Featuring: Stephen J. Dubner is an author and journalist, formerly a writer and editor for The New York Times Magazine. The author’s Freakonomics blog on the New York Times website receives more than 1 million unique hits each month.