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Economic Approach to Human Behavior

Overview


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 ...

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Overview


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.

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Product Details

  • ISBN-13: 9780226041124
  • Publisher: University of Chicago Press
  • Publication date: 9/28/1978
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 320
  • Sales rank: 356,112
  • Product dimensions: 6.04 (w) x 9.01 (h) x 0.65 (d)

Meet the Author

Gary S. Becker (1930-2014) was University Professor at the University of Chicago with a joint appointment in both the economics and sociology departments. He was the author of many books, including Human Capital: A Theoretical and Empirical Analysis and The Economics of Discrimination. He collaborated with Richard Posner on the Becker-Posner Blog, which formed the basis for their book Uncommon Sense: Economic Insights, from Marriage to Terrorism. Becker was awarded the Nobel Prize in Economics in 1992 and the Presidential Medal of Freedom in 2007.
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Table of Contents


Part 1. Introduction
1. The Economic Approach to Human Behavior
Part 2. Price and Prejudice
2. Effective Discrimination
Part 3. Law and Politics
3. Competition and Democracy
4. Crime and Punishment: An Economic Approach
Part 4. Time and Household Production
5. A Theory of the Allocation of Time
6. The Allocation of Time and Goods over Time
7. On the New Theory of Consumer Behavior
(with Robert T. Michael)
Part 5. Irrational Behavior
8. Irrational Behavior and Economic Theory
Part 6. Marriage, Fertility, and the Family
9. An Economic Analysis of Fertility
10. On the interaction between the Quantity and Quality of Children
(with H. Gregg Lewis)
11. A Theory of Marriage
Part 7. Social Interactions
12. A Theory of Social Interactions
13. Altruism, Egoism, and Genetic Fitness: Economics and Sociobiology
References
Index
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