Social Economics: Market Behavior in a Social Environment

Description

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 conditioned 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 behaviors. 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, neighborhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of fads and fashions, and the distribution of income and status.

Disclaimer:
Contents of this page are indexed from the Internet. All actions are under your responsability. Email us to report illegal contents or external links and we'll remove them immediately.

Please check the description for download links if any or do a search to find alternative books.

Can't Download?
Please search mirrors if you can't find download links for "Social Economics: Market Behavior in a Social Environment" in "Description" and someone else may update the links. Check the comments when back to find any updates.

Search Mirrors
Maybe some mirror pages will be helpful, search this book at top of this page or click here to find more info.

1. Ebooks list page : 2557
2. Comprehensive Handbook of Social Work and Social Welfare, Human Behavior in the Social Environment
3. Ethics and the Market: Insights from Social Economics
4. Anticipatory Behavior in Adaptive Learning Systems: From Brains to Individual and Social Behavior
5. Social Psychology of Consumer Behavior (Frontiers of Social Psychology)
6. Business Planning for Enduring Social Impact: A Social-Entrepreneurial Approach to Solving Social Problems
7. Social Capital Versus Social Theory: Political Economy and Social Science at the Turn of the Milleni
8. Social Insurance and Social Justice : Social Security, Medicare and the Campaign Against Entitlements
9. Social Decision Making: Social Dilemmas, Social Values, and Ethical Judgments
10. Social Capital Versus Social Theory: Political Economy and Social Science at the Turn of the Millenium (Contemporary Political
11. Transforming Economics: Perspectives on the Critical Realist Project (Economics As Social Theory)
12. The New Economic Criticism: Studies at the Intersection of Literature and Economics (Economics As Social Theory)
13. Beyond Rhetoric and Realism in Economics: Towards a Reformulation of Methodology (Economics As Social Theory)
14. Social Economics of Jean-Baptiste Say: Markets and Virtue (Routledge Studies in the History of Economics)
15. Personality and Social Behavior
16. Social Behavior and Skills in Children