The Tyranny of the Market pdf epub mobi txt 电子书 下载 2024


The Tyranny of the Market

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Joel Waldfogel
Harvard University Press
2007-10-2
170
GBP 34.95
Hardcover
9780674025813

图书标签: 经济学  英文原版  美国   


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发表于2024-09-13

The Tyranny of the Market epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

The Tyranny of the Market epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

The Tyranny of the Market pdf epub mobi txt 电子书 下载 2024



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Economists have long counseled reliance on markets rather than on government to decide a wide range of questions, in part because allocation through voting can give rise to a "tyranny of the majority." Markets, by contrast, are believed to make products available to suit any individual, regardless of what others want. But the argument is not generally correct. In markets, you can't always get what you want. This book explores why this is so and its consequences for consumers with atypical preferences.When fixed costs are substantial, markets provide only products desired by large concentrations of people. As a result, people are better off in their capacity as consumers when more fellow consumers share their product preferences. Small groups of consumers with less prevalent tastes, such as blacks, Hispanics, people with rare diseases, and people living in remote areas, find less satisfaction in markets. In some cases, an actual tyranny of the majority occurs in product markets. A single product can suit one group or another. If one group is larger, the product is targeted to the larger group, making them better off and others worse off.The book illustrates these phenomena with evidence from a variety of industries such as restaurants, air travel, pharmaceuticals, and the media, including radio broadcasting, newspapers, television, bookstores, libraries, and the Internet.

The Tyranny of the Market 下载 mobi epub pdf txt 电子书

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