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Deception in markets : an economic analysis

Author: Caroline Gerschlager
Publisher: Houndmills, Basingstoke, Hampshire ; New York, N.Y. : Palgrave Macmillan, 2005.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"This book presents a discussion of modern economic analyses of deception in markets. On the one hand, contributors emphasize conceptual strengths and limits of the concept of rationality when applied to deception, and, on the other hand, they focus on human behavior. Incentives to deceive as well as experimental and empirical evidence of deceptive behavior are highlighted and discussed in the context of economic  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Caroline Gerschlager
ISBN: 1403943451 9781403943453
OCLC Number: 56370231
Description: xii, 367 pages : illustrations ; 23 cm
Contents: Deception and game theory / S. Abu Turab Rizvi --
Rational deception / Paul Dumouchel --
A deceptive journey from rational expectations to bounded rationality / Esther-Mirjam Sent --
Deception in markets: the Enron case / Caroline Gerschlager --
Deception in economics experiments / Rachel T.A. Croson --
Self-deception and deception in capital markets / Joshua Coval, David Hirshleifer and Siew Hong Teoh --
Price theory and the study of deception on the exchange process / Laurence S. Moss --
Deception, regulation and politics / Alan Hamlin --
Deception, self-deception and new institutional economics / Gisela Kubon-Gilke --
Deception and its preconditions: issues raised by financial markets / Vincent-Antonin Lepinay and Ellen Hertz --
Deception in economic anthropology / Paul van der Grijp --
Gift exchange, play and deception/ Marcel Henaff.
Responsibility: edited by Caroline Gerschlager.
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Abstract:

This volume focuses on modern economic analyses of deception in markets. The particular focus is on economic concepts such as rationality and behaviour in relation to deception. behavioural economics  Read more...

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'Though deception, cheating, lying and fraud are common in the market system, remarkably they have been mostly overlooked by economists. This wonderfully diverse collection makes excellent Read more...

 
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