Kiasunomics 3: Economic Insights for Everyday Life

"Tien Foo, Sumit and Swee Hoon's latest instalment in the Kiasunomics series presents day-to-day issues in interesting ways, drawing on deep research to offer interdisciplinary insights such as the correlation between rising sea levels and fluctuating property prices, and the impact of mobile payments on business creation. The Kiasunomics series makes economics fun and accessible, and I hope it inspires readers to contemplate why economics matters in today's world and how it influences the Singaporean way of life."Extracted from the Foreword by Chan Chun SingMinister for Education, SingaporeHave you ever wondered whether the Build-To-Order scheme affects marriage and divorce? Do you think haze affects physical and intellectual characteristics of babies? Is there a relationship between foreign buyers and property transactions? Are women more strategic taxi drivers? These and more are discussed in Kiasunomics(c)3 in an easy-to-understand manner.Each chapter, written simply and light-heartedly, is self-contained and covers a different research topic conducted at the National University of Singapore. The research findings are discussed in conversational terms to help readers understand the influences and consequences of the decisions made by all of us, using simple economic logic.This edition covers topics including the effects of climate change on property prices, purchase behavior when there is an online security breach, effects of parental bankruptcy on children, food orders during COVID lockdown, and many more.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 housing, retirement, and financing.