George Akerlof

George Akerlof

Nobel Laureate Economist

George Akerlof is an American economist who was awarded the 2001 Nobel Memorial Prize in Economic Sciences for his analyses of markets with asymmetric information. His landmark 1970 paper, The Market for Lemons, transformed the understanding of how information imbalances shape economic behaviour.

1
Books Written
2
Books Recommended

Books by George Akerlof

Phishing for Phools by George Akerlof

Phishing for Phools

by George Akerlof

star3.7

Akerlof and Shiller argue free markets inevitably produce manipulation because profit-seeking exploits psychological weakness. Deceiving people against their interests is a market feature, not a bug.

economicspsychology

Most Recommended by George

The books George Akerlof references, cites, and recommends most frequently.

Influence by Robert Cialdini

Influence

by Robert Cialdini

star4.7

Cialdini identifies six universal principles of persuasion: reciprocity, commitment, social proof, authority, liking, and scarcity. Understanding these triggers explains why we say yes, and how others get us to comply.

psychologybusiness
Thinking, Fast and Slow by Daniel Kahneman

Thinking, Fast and Slow

by Daniel Kahneman

star4.2

Kahneman reveals that our minds run on two systems: fast intuition and slow deliberation. Most errors in judgement come from trusting System 1 when the situation demands System 2's careful analysis.

psychology

Influence Map

Who George draws from, and who draws from George — aggregated across every book in this collection. Counts show the number of citation links, not the depth of each one.

George cites most often

  1. 1 link
  2. 1 link