The Economic Way of Looking at Behavior: The Nobel Lecture

The Economic Way of Looking at Behavior: The Nobel Lecture

by Gary S. Becker

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Overview

On October 13, 1992, the Royal Swedish Academy announced the award of the Nobel Prize in economic sciences to Gary S. Becker, a senior fellow at the Hoover Institution and University Professor of Economics and Sociology at the University of Chicago. In announcing the award, Gary was cited for Extending "the domain of microeconomic analysis to a wide range of human behavior and interaction, including nonmarket behavior." In the lecture he delivered as part of the 1992 Nobel Prize award ceremony, Gary discussed four topics—discrimination against minorities, crime and punishment, the development and accumulation of human capital, and the structure of families—that are emblematic of his innovative approach to the economic analysis of social issues.

Product Details

ISBN-13: 9780817957438
Publisher: Hoover Institution Press
Publication date: 05/01/1996
Series: Essays in Public Policy
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 32
File size: 660 KB

About the Author

Gary S. Becker, who won the Nobel Memorial Prize for Economic Science in 1992, is the Rose-Marie and Jack R. Anderson Senior Fellow at the Hoover Institution and University Professor of Economics and Sociology at the University of Chicago. He is an expert in human capital, economics of the family, and economic analysis of crime, discrimination, and population. His current research focuses on habits and addictions, formation of preferences, human capital, and population growth. He writes commentary for The Becker-Posner Blog and is one of the initial fellows of the Society of Labor Economists. In addition to being a Nobel laureate, Becker is a recipient of the 2007 Presidential Medal of Freedom.

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