The Tyranny of the Market : Why You Can't Always Get What You Want.
Waldfogel, Joel.
The Tyranny of the Market : Why You Can't Always Get What You Want. - 1st ed. - 1 online resource (217 pages)
Intro -- Contents -- Preface -- Introduction -- Part One: Theory -- 1 Markets and the Tyranny of the Majority -- 2 Are "Lumpy" Markets a Problem? -- Part Two: Empirical Evidence -- 3 Who Benefits Whom in Practice -- 4 Who Benefits Whom in the Neighborhood -- Part Three: Market Solutions and Their Limits -- 6 Market Enlargement and Consumer Liberation -- 7 Fixed Costs, Product Quality, and Market Size -- 8 Trade and the Tyranny of Alien Majorities -- 9 Salvation through New Technologies -- Part Four: Policy Solutions and Their Limits -- 10 Government Subsidies and Insufficient Demand -- 11 Books and Liquor: Two Case Studies -- Conclusion -- Notes -- References -- Credits -- Index.
Markets are widely 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.
9780674044791
Consumers' preferences.
Majorities.
Supply and demand.
Social choice.
Free enterprise.
Electronic books.
HF5415.32 .W35 2007
381
The Tyranny of the Market : Why You Can't Always Get What You Want. - 1st ed. - 1 online resource (217 pages)
Intro -- Contents -- Preface -- Introduction -- Part One: Theory -- 1 Markets and the Tyranny of the Majority -- 2 Are "Lumpy" Markets a Problem? -- Part Two: Empirical Evidence -- 3 Who Benefits Whom in Practice -- 4 Who Benefits Whom in the Neighborhood -- Part Three: Market Solutions and Their Limits -- 6 Market Enlargement and Consumer Liberation -- 7 Fixed Costs, Product Quality, and Market Size -- 8 Trade and the Tyranny of Alien Majorities -- 9 Salvation through New Technologies -- Part Four: Policy Solutions and Their Limits -- 10 Government Subsidies and Insufficient Demand -- 11 Books and Liquor: Two Case Studies -- Conclusion -- Notes -- References -- Credits -- Index.
Markets are widely 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.
9780674044791
Consumers' preferences.
Majorities.
Supply and demand.
Social choice.
Free enterprise.
Electronic books.
HF5415.32 .W35 2007
381