Social Economics: Market Behavior in a Social Environment

By Gary S. Becker, Kevin M. Murphy, Kevin Murphy

Book Overview

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 conditiond 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.

• Format: Hardcover
• Language: English
• ISBN: 0674003373
• ISBN13: 9780674003378
• Release Date: February 2001
• Publisher: Belknap Press
• Length: 190 Pages
• Weight: 0.70 lbs.
• Dimensions: 9.3" x 0.8" x 6.3"