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Social Economics : Market Behavior in a Social Environment

Social Economics : Market Behavior in a Social Environment - 00 edition

ISBN13: 978-0674011212

Cover of Social Economics : Market Behavior in a Social Environment 00 (ISBN 978-0674011212)
ISBN13: 978-0674011212
ISBN10: 067401121X
Cover type: Paperback
Edition/Copyright: 00
Publisher: Belknap Press
Published: 2000
International: No

List price: $31.50

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Social Economics : Market Behavior in a Social Environment - 00 edition

ISBN13: 978-0674011212

Gary S. Becker and Kevin M. Murphy

ISBN13: 978-0674011212
ISBN10: 067401121X
Cover type: Paperback
Edition/Copyright: 00
Publisher: Belknap Press

Published: 2000
International: No
Summary

Gary Becker and Kevin Murphy present a testable, analytic framework for measuring how people make choices 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.

List price: $31.50
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