Tags » George Akerlof

India's real estate market is being run by crooks

Vivek Kaul

The real estate sector remains down in the dumps. Nevertheless, insiders(the builders, the real estate consultants, the housing finance companies etc.) would like us to believe that “acche din” will be here for the sector pretty soon and hence, we should be investing in it. 1,147 more words

Real Estate

Game Theory, Market for Lemons and Management Institutes

“George Akerlof’s Nobel prize is richly deserved. He and his co-laureates led a revolution in our understanding of how markets behave when different participants have different information about the qualities of commodities being traded. 505 more words

Apa Gunanya Sekolah?

Pertanyaan sederhana tapi membuat kita berfikir. Jenjang sekolah di Indonesia memang cukup panjang. Ada yang sudah dimulai dari playgroup atau Taman Kanak-Kanak. Setelah itu lanjut 6 tahun di tingkat SD, 6 tahun berikutnya di SMP dan SMA, lalu dilanjutkan dengan kuliah yang memakan waktu minimal 3,5 tahun. 581 more words

Self Development

GEORGE AKERLOF + ROBERT SHILLER ~ ANIMAL SPIRITS

~ TCM ~ The Confidence Multiplier

~ TIOF ~ The Importance Of Fairness

~ C&BF~ Corruption And Bad Faith

~ EEIDI ~ Everyone Else Is Doing It… 130 more words

SOCIETY

Why Do Used Cars Sell For So Much Less Than New?

If Mr. Smith wants to SELL me his horse, do I really WANT to buy it? It’s a question as old as markets and horses have existed, but it was for many, many years, one of the unspoken questions of economics. 764 more words

Efficiency Of Markets

Is this the dumbest book on economics ever written?

There will have to be a wall of shame for economists who endorsed Keynesian solutions back in 2009 who will need to have their beliefs brought back to haunt them. 796 more words

Economic Theory And Policy

Why your brand new iPhone loses value immediately after purchase

It’s that day – you’ve finally saved up enough money to treat yourself to a smartphone. After years of battling it out with your trusty Nokia 1100 (which admittedly was extremely durable despite its lack of support for your favorite pastime Candy Crush), you’re going to join the legions of elite who carry around those gigantic devices which seem to control their minds. 1,001 more words

Economics