An economist walks into a brothel : and other unexpected places to understand risk
(Book)
Author
Published
New York : Portfolio, [2019].
Format
Book
Physical Desc
ix, 223 pages : illustrations ; 24 cm
Status
Carmel Valley Branch - Adult Non-Fiction
338.5 S
1 available
338.5 S
1 available
Description
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Copies
Location | Call Number | Status |
---|---|---|
Carmel Valley Branch - Adult Non-Fiction | 338.5 S | On Shelf |
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More Details
Published
New York : Portfolio, [2019].
Street Date
1904
Language
English
Notes
Bibliography
Includes bibliographical references (pages [209]-213) and index.
Description
"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"--,Provided by publisher.
Description
"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"--,Provided by publisher.
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Citations
APA Citation, 7th Edition (style guide)
Schrager, A. (2019). An economist walks into a brothel: and other unexpected places to understand risk . Portfolio.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Schrager, Allison. 2019. An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk. Portfolio.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Schrager, Allison. An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk Portfolio, 2019.
MLA Citation, 9th Edition (style guide)Schrager, Allison. An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk Portfolio, 2019.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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