Kiasunomics 2: Economic Insights For Everyday Life. Sumit Agarwal

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      “Building on the success of the first volume, Kiasunomics©2 has returned to explain, in clear and simple prose, how economic principles shape our everyday lives, and influence the decisions we make.Kiasunomics©2 explores many topics near and dear to many Singaporeans — public housing, education, and even shopping! The book also wonderfully illustrates how exciting and original research can help us better understand our ever-changing environment, and guide us to make better and more informed choices.”

       Professor Tan Eng Chye

      President, National University of Singapore

      “The authors have mastered the knack of explaining complex behavioural economics concepts in language that is easy for a layman to understand. They contextualise these insights to Singapore, which make them even more relevant. Their research is first-rate, and the insights interesting. A great follow-up to Kiasunomics©!”

       Mr Piyush Gupta

      Chief Executive Officer and Director, DBS Group

      “Economics comes alive in our daily behaviour and decisions. Using the life journey of the protagonist Teng from his birth to adulthood, the authors adopted an easy conversational style to describe common decisions we all made to minimise living costs, optimise opportunities and maximise investment potential. It is a lighthearted yet so-real rendition of how we effectively manage our ‘kiasuism’ and fear of missing out on anything.”

       Ms Claire Chiang

      Co-Founder, Banyan Tree Holdings

       Published by

      World Scientific Publishing Co. Pte. Ltd.

      5 Toh Tuck Link, Singapore 596224

      USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601

      UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE

       National Library Board, Singapore Cataloguing in Publication Data

      Name: Agarwal, Sumit. | Ang, Swee Hoon. | Sing, Tien Foo.

      Title: Kiasunomics© 2 : economic insights for everyday life / Sumit Agarwal,

      Ang Swee Hoon, Sing Tien Foo.

      Description: Singapore : World Scientific, [2020]

      Identifier(s): OCN 1135957625 | ISBN 978-981-12-1839-2 (paperback) |

      ISBN 978-981-12-1709-8 (hardcover)

      Subject(s): LCSH: Economics--Singapore--Psychological aspects. |

      Consumer behavior--Singapore.

      Classification: DDC 330.019--dc23

       British Library Cataloguing-in-Publication Data

      A catalogue record for this book is available from the British Library.

      Copyright © 2021 by World Scientific Publishing Co. Pte. Ltd.

       All rights reserved. This book, or parts thereof, may not be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system now known or to be invented, without written permission from the publisher.

      For photocopying of material in this volume, please pay a copying fee through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA. In this case permission to photocopy is not required from the publisher.

      For any available supplementary material, please visit

       https://www.worldscientific.com/worldscibooks/10.1142/11741#t=suppl

      Desk Editor: Jiang Yulin

      Design and layout: Loo Chuan Ming

      Printed in Singapore

       Contents

       Foreword

       Acknowledgements

       Note from the Authors

       List of Acronyms

       Introduction

       Chapter 1Fickle Fingers

       Chapter 2Productivity

       Chapter 3How Much is My HDB Flat?

       Chapter 4Good Sunshine Day, Good Shopping Day?

       Chapter 5Cherry Picking

       Chapter 6Pay, Lah!

       Chapter 7Gotong Royong

       Chapter 8Thy Neighbour’s Misfortune

       Chapter 9Like Father, Like Son?

       Chapter 10Smoke Gets in Your Eyes

       Chapter 11Pick a Card, Any Card

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