Summary The Economic Approach To Human Behavior By Gary S Becker
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The Economic Approach To Human Behavior
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Author : Gary S. Becker
language : en
Publisher: University of Chicago Press
Release Date : 2013-02-06
The Economic Approach To Human Behavior written by Gary S. Becker and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-06 with Business & Economics categories.
Since his pioneering application of economic analysis to racial discrimination, Gary S. Becker has shown that an economic approach can provide a unified framework for understanding all human behavior. In a highly readable selection of essays Becker applies this approach to various aspects of human activity, including social interactions; crime and punishment; marriage, fertility, and the family; and "irrational" behavior. "Becker's highly regarded work in economics is most notable in the imaginative application of 'the economic approach' to a surprising breadth of human activity. Becker's essays over the years have inevitably inspired a surge of research activity in testimony to the richness of his insights into human activities lying 'outside' the traditionally conceived economic markets. Perhaps no economist in our time has contributed more to expanding the area of interest to economists than Becker, and a number of these thought-provoking essays are collected in this book."—Choice Gary Becker was awarded the Nobel Prize in Economic Science in 1992.
Summary The Economic Approach To Human Behavior By Gary S Becker
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Author : Shortcut Edition
language : en
Publisher: Shortcut Edition
Release Date : 2021-06-19
Summary The Economic Approach To Human Behavior By Gary S Becker written by Shortcut Edition and has been published by Shortcut Edition this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-19 with Business & Economics categories.
* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. By reading this summary, you will learn how economics can be applied to all human activities, and thus shed light on many phenomena and problems. You will also learn that : economic principles govern the most intimate areas of your life such as marriage, for example; all human behavior is the result of a cost/benefit calculation; the cost of something or an action is not only expressed in monetary units, but also in time; households are not only consumers, but also producers; social relations contribute to the satisfaction and growth of everyone's income. This collection of Gary S. Becker's most innovative articles, written between 1960 and 1975, demonstrates the many possible applications of economic analysis. This science is not limited to the study of market exchanges: its objective and universal patterns can be applied to apparently non-economic fields. From criminality to the birth rate, every human activity can be translated into economic terms. The traditional economy ignores many social facts, such as marriage, which nevertheless participate in a country's economy. It is time to integrate these phenomena into economic analysis to better understand the interdependencies within society. *Buy now the summary of this book for the modest price of a cup of coffee!
The Economic Approach
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Author : Gary S. Becker
language : en
Publisher: University of Chicago Press
Release Date : 2023-08-16
The Economic Approach written by Gary S. Becker and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-16 with Business & Economics categories.
A revealing collection from the intellectual titan whose work shaped the modern world. As an economist and public intellectual, Gary S. Becker was a giant. The recipient of a Nobel Prize, a John Bates Clark Medal, and a Presidential Medal of Freedom, Becker is widely regarded as the greatest microeconomist in history. After forty years at the University of Chicago, Becker left a slew of unpublished writings that used an economic approach to human behavior, analyzing such topics as preference formation, rational indoctrination, income inequality, drugs and addiction, and the economics of family. These papers unveil the process and personality—direct, critical, curious—that made him a beloved figure in his field and beyond. The Economic Approach examines these extant works as a capstone to the Becker oeuvre—not because the works are perfect, but because they offer an illuminating, instructive glimpse into the machinations of an economist who wasn’t motivated by publications. Here, and throughout his works, an inquisitive spirit remains remarkable and forever resonant.
The Economic Approach To Human Behavior
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Author : Gary Stanley Becker
language : en
Publisher:
Release Date : 1976
The Economic Approach To Human Behavior written by Gary Stanley Becker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with categories.
The Economics Of Discrimination
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Author : Gary S. Becker
language : en
Publisher: University of Chicago Press
Release Date : 2010-08-15
The Economics Of Discrimination written by Gary S. Becker and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08-15 with Business & Economics categories.
This second edition of Gary S. Becker's The Economics of Discrimination has been expanded to include three further discussions of the problem and an entirely new introduction which considers the contributions made by others in recent years and some of the more important problems remaining. Mr. Becker's work confronts the economic effects of discrimination in the market place because of race, religion, sex, color, social class, personality, or other non-pecuniary considerations. He demonstrates that discrimination in the market place by any group reduces their own real incomes as well as those of the minority. The original edition of The Economics of Discrimination was warmly received by economists, sociologists, and psychologists alike for focusing the discerning eye of economic analysis upon a vital social problem—discrimination in the market place. "This is an unusual book; not only is it filled with ingenious theorizing but the implications of the theory are boldly confronted with facts. . . . The intimate relation of the theory and observation has resulted in a book of great vitality on a subject whose interest and importance are obvious."—M.W. Reder, American Economic Review "The author's solution to the problem of measuring the motive behind actual discrimination is something of a tour de force. . . . Sociologists in the field of race relations will wish to read this book."—Karl Schuessler, American Sociological Review
The New Economics Of Human Behaviour
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Author : Mariano Tommasi
language : en
Publisher: Cambridge University Press
Release Date : 1995-08-24
The New Economics Of Human Behaviour written by Mariano Tommasi and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-08-24 with Business & Economics categories.
This 1995 volume demonstrates the application of Beckerian theory upon a wide range of social and political activity.
Uncommon Sense
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Author : Gary S. Becker
language : en
Publisher: University of Chicago Press
Release Date : 2009-11-15
Uncommon Sense written by Gary S. Becker and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-15 with Law categories.
On December 5, 2004, the still-developing blogosphere took one of its biggest steps toward mainstream credibility, as Nobel Prize–winning economist Gary S. Becker and renowned jurist and legal scholar Richard A. Posner announced the formation of the Becker-Posner Blog. In no time, the blog had established a wide readership and reputation as a reliable source of lively, thought-provoking commentary on current events, its pithy and profound weekly essays highlighting the value of economic reasoning when applied to unexpected topics. Uncommon Sense gathers the most important and innovative entries from the blog, arranged by topic, along with updates and even reconsiderations when subsequent events have shed new light on a question. Whether it’s Posner making the economic case for the legalization of gay marriage, Becker arguing in favor of the sale of human organs for transplant, or even the pair of scholars vigorously disagreeing about the utility of collective punishment, the writing is always clear, the interplay energetic, and the resulting discussion deeply informed and intellectually substantial. To have a single thinker of the stature of a Becker or Posner addressing questions of this nature would make for fascinating reading; to have both, writing and responding to each other, is an exceptionally rare treat. With Uncommon Sense, they invite the adventurous reader to join them on a whirlwind intellectual journey. All they ask is that you leave your preconceptions behind.
Human Capital
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Author : Gary S. Becker
language : en
Publisher:
Release Date : 2009
Human Capital written by Gary S. Becker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).
Social Economics
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Author : Gary Stanley Becker
language : en
Publisher: Harvard University Press
Release Date : 2009-07
Social Economics written by Gary Stanley Becker and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07 with Business & Economics categories.
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.
Economic Theory
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Author : Gary S Becker
language : en
Publisher: Routledge
Release Date : 2017-09-08
Economic Theory written by Gary S Becker and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-08 with Business & Economics categories.
Others might have called this book Micro Theory or Price Theory. Becker's choice of Economic Theory as the title for his book reflects his deep belief that there is only one kind of economic theory, not separate theories for micro problems, macro problems, non-market decisions, and so on. Indeed, as he notes, the most promising development in recent years in the literature on large scale economic problems such as unemployment has been the increasing reliance on utility maximization, a concept generally identified with microeconomics. Microeconomics is the subject matter of this volume, but it is emphatically not confined to microeconomics in the literal sense of micro units like firms or households. Becker's main interest is in market behavior of aggregations of firms and households. Although important inferences are drawn about individual firms and households, the author tries to understand aggregate responses to changes in basic economic parameters like tax rates, tariff schedules, technology, or antitrust provisions. His discussion is related to the market sector in industrialized economies, but the principles developed are applied to other sectors and different kinds of choices. Becker argues that economic analysis is essential to understand much of the behavior traditionally studied by sociologists, anthropologists, and other social scientists. The broad definition of economics in terms of scarce means and competing ends is taken seriously and should be a source of pride to economists since it provides insights into a wide variety of problems. Practically all statements proved mathematically are also provided geometrically or verbally in the body of the text.