{"product_id":"9781683786498","title":"Summary, Analysis \u0026 Review of George Akerlof's and Robert Shiller's Phishing for Phools by Instaread","description":"\u003cp\u003e\u003cstrong\u003eSummary, Analysis \u0026amp; Review of George Akerlof’s and Robert Shiller's Phishing for Phools by Instaread\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003ePreview\u003c\/strong\u003e:\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIn \u003cem\u003ePhishing for Phools\u003c\/em\u003e, George Akerlof and Robert Shiller explain the economics of fraud by incorporating fraudulent and unfair transactions into free-market economic models. Conventional economic models that presuppose a free market often assume that customers make decisions based on their long-term interests. They posit that the market moves toward an equilibrium in which every legal opportunity to make money is being utilized. A behavioral model of the free market includes “phishing” transactions, which are in the seller’s best interest but not the buyer’s.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIn a market at equilibrium in the real world, sellers have many opportunities to deceive customers. Economic models assume that customers buy things that benefit them, based on solid information and a budget, but a realistic model recognizes that customers also make choices based on more impulsive, short-term, and emotional factors. Wherever customers are vulnerable or short-sighted, a phisher is likely to step in and exploit that vulnerability…\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003ePLEASE NOTE: This is a \u003cem\u003eSummary, Analysis \u0026amp; Review \u003c\/em\u003eof the book and NOT the original book.\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eInside this Summary, Analysis \u0026amp; Review of George Akerlof’s and Robert Shiller's Phishing for Phools by Instaread:\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cul\u003e \u003cli\u003e Overview of the Book\u003c\/li\u003e \u003cli\u003e Important People\u003c\/li\u003e \u003cli\u003e Key Takeaways\u003c\/li\u003e \u003cli\u003e Analysis of Key Takeaways\u003c\/li\u003e\n\u003cbr\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAbout the Author\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWith Instaread, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eVisit our website at \u003c\/strong\u003e\u003cstrong\u003einstaread.co\u003c\/strong\u003e\u003cstrong\u003e.\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Instaread Inc","offers":[{"title":"Default Title","offer_id":47032439111920,"sku":"9781683786498","price":4.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781683786498_p0.jpg?v=1763701301","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781683786498","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}