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Have you ever wondered whether individuals born in the year of the
Dragon are truly blessed? Or why you can't find a taxi when you
need one? What about the effects of superstitious beliefs on
housing prices? Kiasunomics (c) explores these issues and more in a
series of stories through the lens of Teng, the protagonist of this
book. Told in a conversational story-telling style yet grounded on
rigorous research, the book explains the influences and outcomes of
the decisions we make, using simple economic logic.The book follows
the life journey of Teng - from birth to adulthood - and examines
how seemingly innocuous decisions bear economic consequences on his
life. It starts with the decision by Teng's parents to have him as
a Dragon baby and shows how this decision affects not only his
education but also his career and spending in the long term. The
grown-up Teng in later chapters, is a taxi driver who learns that
the daily budgeting of finances from many of his taxi-driving
friends has proven to be poor financial planning. The story also
shows how his purchase of a flat based on superstitious beliefs,
and its location near a primary school and a Mass Rapid Transit
station influences prices, and with some surprising results.This
book touches the man on the street with issues that many
Singaporeans can identify with. These include how Singaporeans'
shopping in Johor affects their spending and savings; how different
shoppers respond variedly to predictable promotions such as the
Great Singapore Sale; how the haze or a mere nearby construction
site affects water and electricity consumption; how playing golf
elevates women's opportunities to sit on corporate boards; how
Singaporeans' travel patterns are affected by their opinion towards
public transportation; and how retirement poses financial
challenges in silver years. These and many more are unravelled in
the 20 stand-alone chapters through the authors' application of
their research findings to day-to-day issues.Kiasunomics (c) brings
to light that research can be made relevant to our daily living.
Research helps us make sense of what we do and with that, we can
learn to make better decisions for a smarter thinking nation.
Have you ever wondered how one can save from taxi rides during
surge pricing? Why you would shop more under sunny weather? What
effects does a bankrupt neighbour have on residents living in the
estate? How do people perceive risks during the coronavirus
pandemic? Kiasunomics (c)2 explores these issues and more in a
light-hearted and easy-to-understand manner, by showing the
economic ramifications of individual choices through the lens of
Teng, the protagonist of this book, and his family and friends.
Based on research from the National University of Singapore, the
book explains the influences and consequences of the decisions made
by all of us, using simple economic logic.This sequel to , a
finalist at the Singapore Book Awards 2018, fast forwards a couple
of years and follows Teng in his mid-career as a taxi driver.
Ferrying passengers for a living, Teng has to grapple with
challenges arising from ride hailing services. As one of the
breadwinners in a three-generation household, Teng's ability to
make wise financial decisions in a fast-changing world becomes
increasingly important in attaining his dream of moving his family
up the socio-economic ladder.This book covers hot and timely
topics, which include: falling prices of old Housing and
Development Board flats, rising land prices, wealth disparity among
households, the Central Provident Fund retirement policy,
regulation of car population, ride hailing services, mobile
payments, and the coronavirus pandemic. These are unravelled
through the authors' application of research findings.The book
brings to light the relevance of research, often seen as esoteric,
on our daily life and decision making. It also bears on policy
implications, particularly issues on transportation, health,
housing, and retirement.
Have you ever wondered how one can save from taxi rides during
surge pricing? Why you would shop more under sunny weather? What
effects does a bankrupt neighbour have on residents living in the
estate? How do people perceive risks during the coronavirus
pandemic? KiasunomicsĀ©2 explores these issues and more in a
light-hearted and easy-to-understand manner, by showing the
economic ramifications of individual choices through the lens of
Teng, the protagonist of this book, and his family and friends.
Based on research from the National University of Singapore, the
book explains the influences and consequences of the decisions made
by all of us, using simple economic logic.This sequel to , a
finalist at the Singapore Book Awards 2018, fast forwards a couple
of years and follows Teng in his mid-career as a taxi driver.
Ferrying passengers for a living, Teng has to grapple with
challenges arising from ride hailing services. As one of the
breadwinners in a three-generation household, Teng's ability to
make wise financial decisions in a fast-changing world becomes
increasingly important in attaining his dream of moving his family
up the socio-economic ladder.This book covers hot and timely
topics, which include: falling prices of old Housing and
Development Board flats, rising land prices, wealth disparity among
households, the Central Provident Fund retirement policy,
regulation of car population, ride hailing services, mobile
payments, and the coronavirus pandemic. These are unravelled
through the authors' application of research findings.The book
brings to light the relevance of research, often seen as esoteric,
on our daily life and decision making. It also bears on policy
implications, particularly issues on transportation, health,
housing, and retirement.
Have you ever wondered whether individuals born in the year of the
Dragon are truly blessed? Or why you can't find a taxi when you
need one? What about the effects of superstitious beliefs on
housing prices? Kiasunomics (c) explores these issues and more in a
series of stories through the lens of Teng, the protagonist of this
book. Told in a conversational story-telling style yet grounded on
rigorous research, the book explains the influences and outcomes of
the decisions we make, using simple economic logic.The book follows
the life journey of Teng - from birth to adulthood - and examines
how seemingly innocuous decisions bear economic consequences on his
life. It starts with the decision by Teng's parents to have him as
a Dragon baby and shows how this decision affects not only his
education but also his career and spending in the long term. The
grown-up Teng in later chapters, is a taxi driver who learns that
the daily budgeting of finances from many of his taxi-driving
friends has proven to be poor financial planning. The story also
shows how his purchase of a flat based on superstitious beliefs,
and its location near a primary school and a Mass Rapid Transit
station influences prices, and with some surprising results.This
book touches the man on the street with issues that many
Singaporeans can identify with. These include how Singaporeans'
shopping in Johor affects their spending and savings; how different
shoppers respond variedly to predictable promotions such as the
Great Singapore Sale; how the haze or a mere nearby construction
site affects water and electricity consumption; how playing golf
elevates women's opportunities to sit on corporate boards; how
Singaporeans' travel patterns are affected by their opinion towards
public transportation; and how retirement poses financial
challenges in silver years. These and many more are unravelled in
the 20 stand-alone chapters through the authors' application of
their research findings to day-to-day issues.Kiasunomics (c) brings
to light that research can be made relevant to our daily living.
Research helps us make sense of what we do and with that, we can
learn to make better decisions for a smarter thinking nation.
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