000 02853cam a22003858i 4500
001 on1045176153
003 OCoLC
005 20190405133443.0
008 190321s2019 nyua b 001 0 eng
010 _a 2019001343
040 _aDLC
_beng
_erda
_cDLC
_dTOH
_dGO6
_dGP5
_dIK2
_dYDX
_dNFG
020 _a9780525533962
_q(hardback)
020 _a0525533966
020 _z9780735219571 (ebook)
020 _a9780525542827
_q(international edition)
020 _a0525542825
035 _a(OCoLC)1045176153
042 _apcc
092 _a338.5
_bS377
049 _aNFGA
100 1 _aSchrager, Allison,
_eauthor.
_9391862
245 1 3 _aAn economist walks into a brothel :
_band other unexpected places to understand risk /
_cAllison Schrager.
263 _a1904
264 1 _aNew York :
_bPortfolio,
_c2019.
300 _aix, 223 pages :
_billustration ;
_c24 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
520 _a"Is it worth swimming in shark-infested waters to surf a 50-foot, career-record wave? Is it riskier to make an action movie or a horror movie? Should sex workers forfeit 50 percent of their income for added security or take a chance and keep the extra money? Most people wouldn't expect an economist to have an answer to these questions--or to other questions of daily life, such as who to date or how early to leave for the airport. But those people haven't met Allison Schrager, an economist and award-winning journalist who has spent her career examining how people manage risk in their lives and careers. Whether we realize it or not, we all take risks large and small every day. Even the most cautious among us cannot opt out--the question is always which risks to take, not whether to take them at all. What most of us don't know is how to measure those risks and maximize the chances of getting what we want out of life. In An Economist Walks into a Brothel, Schrager equips readers with five principles for dealing with risk, principles used by some of the world's most interesting risk takers. For instance, she interviews a professional poker player about how to stay rational when the stakes are high, a paparazzo in Manhattan about how to spot different kinds of risk, horse breeders in Kentucky about how to diversify risk and minimize losses, and a war general who led troops in Iraq about how to prepare for what we don't see coming. When you start to look at risky decisions through Schrager's new framework, you can increase the upside to any situation and better mitigate the downsides"--
_cProvided by publisher.
504 _aIncludes bibliographical references (pages 209-213) and index.
650 0 _aDecision making.
_954361
650 0 _aChoice (Psychology)
_966735
650 0 _aRisk management.
_964788
994 _aC0
_bNFG
999 _c290564
_d290564