
Hate the Game
Economic Cheat Codes for Life, Love, and Work
Daryl Fairweather(Autor*in)
University of Chicago Press
Erschienen am 11. April 2025
Buch
Hardcover
272 Seiten
978-0-226-83952-3 (ISBN)
Beschreibung
The secret insights of economics, translated for the rest of us.
Should I buy or rent? Do I ask for a promotion? Should I tell people I'm pregnant? What salary do I deserve? Should I just quit this job? Common anxieties about life are often grounded in economics. In an increasingly win-lose society, these economic decisions-where to work, where to live, even how to live-have a way of feeling fixed and mistakes terminal.
Daryl Fairweather is no stranger to these dynamics. As the first Black woman to receive an economics PhD from the famed University of Chicago, she saw firsthand how concepts of behavioral economics and game theory were deployed in the real world-and in her own life-to great effect. Hate the Game combines Fairweather's elite knowledge of these principles with her singular voice in describing how they can be harnessed. Her great talent, unique among economists, is her ability to articulate economic trends in a way that is not just informative, but also accounts for life's other anxieties.
In Hate the Game, Fairweather fixes her expertise and service on navigating the earliest economic inflection points of adult life: whether to go to college and for how long; partnering, having kids, both, or neither; getting, keeping, and changing jobs; and where to live and how to pay for it. She speaks in actionable terms about what the economy means for individual people, especially those who have the sneaking suspicion they're losing out. Set against her own experiences and enriched with lessons from history, science, and pop culture, Fairweather instructs readers on how to use game theory and behavioral science to map out options and choose directions while offering readers a sense of control and agency in an economy where those things are increasingly rare.
Should I buy or rent? Do I ask for a promotion? Should I tell people I'm pregnant? What salary do I deserve? Should I just quit this job? Common anxieties about life are often grounded in economics. In an increasingly win-lose society, these economic decisions-where to work, where to live, even how to live-have a way of feeling fixed and mistakes terminal.
Daryl Fairweather is no stranger to these dynamics. As the first Black woman to receive an economics PhD from the famed University of Chicago, she saw firsthand how concepts of behavioral economics and game theory were deployed in the real world-and in her own life-to great effect. Hate the Game combines Fairweather's elite knowledge of these principles with her singular voice in describing how they can be harnessed. Her great talent, unique among economists, is her ability to articulate economic trends in a way that is not just informative, but also accounts for life's other anxieties.
In Hate the Game, Fairweather fixes her expertise and service on navigating the earliest economic inflection points of adult life: whether to go to college and for how long; partnering, having kids, both, or neither; getting, keeping, and changing jobs; and where to live and how to pay for it. She speaks in actionable terms about what the economy means for individual people, especially those who have the sneaking suspicion they're losing out. Set against her own experiences and enriched with lessons from history, science, and pop culture, Fairweather instructs readers on how to use game theory and behavioral science to map out options and choose directions while offering readers a sense of control and agency in an economy where those things are increasingly rare.
Rezensionen / Stimmen
"Hate the Game emphasizes game theory, a branch of economics and mathematics that focuses on decision-making in competitive situations, when each player's outcome depends on the behavior of others. Fairweather's goal, she explains, was to use her own experiences less as examples to follow and more as "a vessel for all of the economics that I wanted to teach someone that I thought would be useful to them in their careers.And the book's (frequent) Beyonce references? 'If you notice that almost every time I bring up pop culture, it's about a Black woman, that was deliberate, because I've never seen an economics book center Black women,' Fairweather says. She wanted to use metaphors that she knew would resonate with 'younger women and women of color, and I wanted them to feel like this book was for them.'" * UChicago Magazine * "Fabulous-unlike any economics book I've ever read! Hate the Game is an edgy, in-your-face demonstration of the power of economic thinking. Fairweather takes the field of economics, strips away the fluff, and delivers only the parts that actually matter in the real world. It should be mandatory reading for anyone who cares about getting ahead in business-or in life." -- Steven Levitt, coauthor of Freakonomics "For anyone who thinks they can't relate to the world of economists, Hate the Game will change their minds. Fairweather shows you how to make your best moves-whether it's negotiating a higher salary, getting that promotion, or buying your first home. She reveals how you can take control of your future by learning the rules of the game. This book takes your favorite movies and popular culture and uses them as metaphors that will inspire a new generation to become interested in economics. Get ready to embrace economic thinking to make smarter decisions!" -- Angela Yee, host of "Way Up" "Hate the Game offers practical strategies for the hardest competitive negotiations in our lives: those where we face bias and uncertainty. Fairweather shows that by applying just a few basic insights from economic theory, we can turn competition into cooperation-and perhaps even learn to love the game." -- Roger Myerson, winner of the Nobel Prize in economics "Insights and reasoning from economics can, in the hands of a superb communicator, help us understand and undertake actions that improve human lives. Hate the Game is the rare book that masterfully serves this function in ways that are both entertaining and important. Fairweather has a rare gift for making economics feel not only essential but personal, too." -- Kerwin Charles, Yale University School of Management "Fairweather's new book is a quick overview of economic principles, backed by representative academic research, all housed in an engaging memoir. Economics wants universal prosperity. We don't have that. Learning the rules of the game is one tool to get us closer." -- Christopher Clarke * EconChrisClarke (TikTok) *Weitere Details
Sprache
Englisch
Verlagsort
Chicago
USA
Verlagsgruppe
The University of Chicago Press
Illustrationen
2 halftones
Maße
Höhe: 222 mm
Breite: 140 mm
Dicke: 24 mm
Gewicht
432 gr
ISBN-13
978-0-226-83952-3 (9780226839523)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Weitere Ausgaben
Person
Daryl Fairweather is chief economist at Redfin, where she analyzes US housing markets and consumer behavior, and a member of the academic advisory council of the Federal Reserve Bank of Dallas. A former senior economist at Amazon, she is a regular contributor to Forbes, and she has been featured in 60 Minutes, Today, the New York Times, and Bloomberg, among other outlets.
Inhalt
A Note from the Author
Introduction
1. Inside Game, Outside Game
Negotiating Power
Graduating into Uncertainty
Comparative Advantage
Game Recap
2. Choosing Games
Skill versus Luck
Rules and Starting Conditions
Marginal Benefit and Marginal Cost
Cheating
When to Challenge the Rules
The Value of Winning
Changing Goals
Game Recap
3. Information Is an Advantage
Ultimatums
Deception
Fearing the Unknown
Negotiating under Uncertainty
Overthinking
Mitigating Risk
Game Recap
4. Dreams of Dream Jobs
Differentiating Yourself
Selecting the Optimal Employer
Moving for a New Job
Creating the Perfect Resume
Preparing for a Job Interview
Playing the Interview Game
Curating References
Unanimous Decisions
Game Recap
5. Buying a Home
Deciding to Move
Understanding the Housing Market
Creating a Housing Budget
Identifying Needs and Wants
Avoiding Common Mistakes
Bidding on a Home
Game Recap
6. Workplace Conflict
Workplace Bullies
Employee Satisfaction
Gender Stereotypes in the Workplace
Evade or Confront?
Identifying Enemies and Allies
Signaling Strength
Game Recap
7. Getting Promoted
The Meritocracy Myth
The Challenges of Performance Evaluations
Backward Induction: The Secret Path to Victory
Corporate Hierarchies
Influencing the Kingmakers
The Importance of Allies
Game Recap
8. Balancing Family and Career
Social Pressures and Gender Norms
Marriage Is a Game
The Benefits of Commitment
Marriage as a Financial Strategy
Working while Pregnant
Unconscious Bias
Discrimination and the Persistence of Stereotypes
Game Recap
9. Knowing Your Worth
Reassessing Inside Options
Understanding Reference Points
Higher-Order Beliefs
When the Keep Your Mouth Shut
Signaling Outside Options
Bluffing
Knowing Your Worth
Game Recap
10. Optimizing Your Life
When Optimizing Isn't an Option
Saving
Investing
Rebalancing Work and Life
Game Recap
11. Selling a Home
Assessing Home Values
Preparing to Sell
Setting the Price
Selecting a Buyer
Game Recap
12. A Code For Winners
Epilogue
Acknowledgments
Glossary
Notes
Index
Introduction
1. Inside Game, Outside Game
Negotiating Power
Graduating into Uncertainty
Comparative Advantage
Game Recap
2. Choosing Games
Skill versus Luck
Rules and Starting Conditions
Marginal Benefit and Marginal Cost
Cheating
When to Challenge the Rules
The Value of Winning
Changing Goals
Game Recap
3. Information Is an Advantage
Ultimatums
Deception
Fearing the Unknown
Negotiating under Uncertainty
Overthinking
Mitigating Risk
Game Recap
4. Dreams of Dream Jobs
Differentiating Yourself
Selecting the Optimal Employer
Moving for a New Job
Creating the Perfect Resume
Preparing for a Job Interview
Playing the Interview Game
Curating References
Unanimous Decisions
Game Recap
5. Buying a Home
Deciding to Move
Understanding the Housing Market
Creating a Housing Budget
Identifying Needs and Wants
Avoiding Common Mistakes
Bidding on a Home
Game Recap
6. Workplace Conflict
Workplace Bullies
Employee Satisfaction
Gender Stereotypes in the Workplace
Evade or Confront?
Identifying Enemies and Allies
Signaling Strength
Game Recap
7. Getting Promoted
The Meritocracy Myth
The Challenges of Performance Evaluations
Backward Induction: The Secret Path to Victory
Corporate Hierarchies
Influencing the Kingmakers
The Importance of Allies
Game Recap
8. Balancing Family and Career
Social Pressures and Gender Norms
Marriage Is a Game
The Benefits of Commitment
Marriage as a Financial Strategy
Working while Pregnant
Unconscious Bias
Discrimination and the Persistence of Stereotypes
Game Recap
9. Knowing Your Worth
Reassessing Inside Options
Understanding Reference Points
Higher-Order Beliefs
When the Keep Your Mouth Shut
Signaling Outside Options
Bluffing
Knowing Your Worth
Game Recap
10. Optimizing Your Life
When Optimizing Isn't an Option
Saving
Investing
Rebalancing Work and Life
Game Recap
11. Selling a Home
Assessing Home Values
Preparing to Sell
Setting the Price
Selecting a Buyer
Game Recap
12. A Code For Winners
Epilogue
Acknowledgments
Glossary
Notes
Index