The Winner's Curse: Behavioral Economics Anomalies Then and Now By Alex O. Imas & Richard H. Thaler

EXPLORE HOW WEIRD, WONDERFUL, AND IRRATIONAL HUMAN DECISION-MAKING REALLY IS.

More than thirty years ago, Nobel Prize-winner Richard Thaler upended traditional economic theory by proving that humans are not selfish, rational optimizers. Now, teaming up with rising-star economist Alex Imas, Thaler returns in this fully updated edition of the seminal work The Winner’s Curse. Featuring the spirit of Thaler's famous Anomalies columns—originally co-authored with legends like Daniel Kahneman and Amos Tversky—this book dives deep into the quirks of human behavior that conventional economic models simply cannot explain.

Every chapter kicks off with an original anomaly, followed by a fascinating modern update. How have these findings held up in an era of meme stocks, cryptocurrency, and shifting financial markets? From retirement savings struggles and credit card debt to missed putts by professional golfers and portfolio management blunders, Imas and Thaler demonstrate that irrationality is everywhere. Written with rigor and remarkable wit, The Winner's Curse sheds light on why we do what we do, helping you better understand the choices of your peers and make sharper decisions yourself.

Why this book is a must-have:

• Nobel Pedigree: Co-authored by Richard H. Thaler, Nobel Prize-winner and co-author of the global bestseller Nudge.

• Then & Now Framework: Blends the timeless insights of the original behavioral economics breakthroughs with fresh, modern-day context.

• Fascinating Real-World Applications: Explores everyday irrationalities, from personal finance habits to high-stakes market phenomena.

• Engaging & Accessible: Balances intellectual rigor with sharp humor, making complex economic concepts a joy to read.

Master the science of human choice. Add The Winner's Curse to your collection at Beetle Bookshop today—enjoy 10–14% off and Free Shipping on orders above ₹500!