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Intro. Freakonomics Summary. Next. Introduction. The book takes the form of six chapters. In each chapter, the authors analyze a different social issue from an economic perspective. The first (and longest) chapter focuses on the role of incentives in human behavior.
Freakonomics Summary. Author Steven Levitt begins Freakonomics by brushing over some of the stories, questions, and ideas he will cover in the rest of the book, such as the 1990s crime drop, information asymmetry, real estate agents, correlation vs. causation, and, most importantly, incentives.
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner. Published on April 12, 2005, by William Morrow , the book has been described as melding pop culture with economics . [ 1 ]
- Stephen J. Dubner, Steven Levitt
- 2005
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything. A modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality Study Guides with detailed chapter summaries and analysis of major themes, characters, and more.
- Economic Incentives
- Social Incentives
- Moral Incentives
This is the type we’re most familiar with. Economic incentives provide tangible rewards to people for engaging in productive behavior and penalties on people for destructive behavior. Getting a raise at work for exceeding expectations, a speeding ticket, or even being sentenced to prison (which deprives one of one’s freedom and livelihood), are all...
Social incentives are rooted in our natural desire to be looked upon favorably by others. On the flip side, we fear being shamed and looked upon disfavorably by our peers. To harness social incentives, many jurisdictions in the US have started publishing the names and photos of people arrested for prostitution-related offences—likely a far stronger...
Most of us want to do what we consider to be “right,” and avoid doing things that we consider to be “wrong.” Thus, there is a powerful moral incentive against committing crimes or engaging in any behavior that causes harm to others. Uniquely, **moral incentives are...
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- Steven D. Levitt And Stephen J. Dubner
Learn how to think like a rogue economist and uncover the hidden side of everything. This book summary outlines the key ideas and examples from six chapters on incentives, information, crime, parenting, names and more.
Apr 12, 2005 · In-depth summary and analysis of every chapter of Freakonomics. Visual theme-tracking, too.
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