Social Economics PDF ePub eBook

Books Info:

Social Economics free pdf Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has been sharply criticized by other social scientists, who believe that the choices people make are also conditiond by social and cultural forces. Economists, meanwhile, are not satisfied with standard sociological and anthropological concepts and explanations because they are not embedded in a testable, analytic framework. In this book, Gary Becker and Kevin Murphy provide such a framework by including the social environment along with standard goods and services in their utility functions. These extended utility functions provide a way of analyzing how changes in the social environment affect people's choices and behaviours. More important, they also provide a way of analyzing how the social environment itself is determined by the interactions of individuals. Using this approach, the authors are able to explain many puzzling phenomena, including patterns of drug use, how love affects marriage patterns, neighbourhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of facts and fashions, and the distribution of income and status.

About Gary S. Becker

Gary S. Becker is University Professor of Economics and Sociology at the University of Chicago. In 1992, he was awarded the Nobel Prize in Economics. Kevin Murphy is the George Pratt Shultz Professor of Economics and Industrial Relations, Graduate School of Business, the University of Chicago. He won the John Bates Clark Medal of the American Economics Association in 1997.

Details Book

Author : Gary S. Becker
Publisher : The Belknap Press
Data Published : 04 March 2003
ISBN : 067401121X
EAN : 9780674011212
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 190 pages
Age + : 15 years
Language : English
Rating :

Reviews Social Economics



17 Comments Add a comment




Related eBooks Download


  • Econophysics and Economics of Games, Social Choices and Quantitative Techni ... free pdfEconophysics and Economics of Games, Social Choices and Quantitative Techni ...

    The combined efforts of the Physicists and the Economists in recent years in analyzing and modelling various dynamic phenomena in monetary and social systems have led to encouraging developments..


  • Situational Logic of Social Actions free pdfSituational Logic of Social Actions

    The purpose of this book is to provide insights that make social interactions more predictable by better understanding how people come to the conclusion that a particular social action is both possible and desirable in a particular relational situation..


  • Language and Social Situations free pdfLanguage and Social Situations

    Most of our interactions with others occur within the framework of recurring social situations. and the language choices we make are intimately tied to situational features..


  • Applied Panel Data Analysis for Economic and Social Surveys free pdfApplied Panel Data Analysis for Economic and Social Surveys

    Many economic and social surveys are designed as panel studies. which provide important data for describing social changes and testing causal relations between social phenomena..


  • Brooks/Cole Empowerment Series free pdfBrooks/Cole Empowerment Series

    This new book for courses in social policy explicitly addresses the questions and dilemmas inherent in the pursuit of social justice. Organized in four parts. users develop a framework for analyzing policies and programs in terms of social justice and examine social justice from several philosophical perspectives..


  • Social Economics free pdfSocial Economics

    . Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has