The Economic Approach to Human Behavior
The Economic Approach to Human Behavior

Author: Gary S. Becker

Publisher: University of Chicago Press

Published: 2013-02-06

Total Pages: 321

ISBN-13: 022621706X

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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.

Human Behavior
Human Behavior

Author: Robert L. Crouch

Publisher: North Scituate, Mass. : Duxbury Press

Published: 1979

Total Pages: 250

ISBN-13:

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SUMMARY - The Economic Approach To Human Behavior By Gary S. Becker
SUMMARY - The Economic Approach To Human Behavior By Gary S. Becker

Author: Shortcut Edition

Publisher: Shortcut Edition

Published: 2021-06-19

Total Pages: 30

ISBN-13:

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* 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 New Economics of Human Behaviour
The New Economics of Human Behaviour

Author: Mariano Tommasi

Publisher: Cambridge University Press

Published: 1995-08-24

Total Pages: 264

ISBN-13: 9780521479493

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This 1995 volume demonstrates the application of Beckerian theory upon a wide range of social and political activity.

Human Behavior
Human Behavior

Author: Michael G. Vaughn

Publisher: John Wiley & Sons

Published: 2013-08-12

Total Pages: 608

ISBN-13: 1118416252

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A unique approach to human behavior that integrates and interprets the latest research from cell to society Incorporating principles and findings from molecular biology, neuroscience, and psychological and sociocultural sciences, Human Behavior employs a decidedly integrative biosocial, multiple-levels-of-influence approach. This approach allows students to appreciate the transactional forces shaping life course opportunities and challenges among diverse populations in the United States and around the world. Human Behavior includes case studies, Spotlight topics, and Expert's Corner features that augment the theme of each chapter. This book is rooted in the principles of empirical science and the evidence-based paradigm, with coverage of: Genes and behavior Stress and adaptation Executive functions Temperament Personality and the social work profession Social exchange and cooperation Social networks and psychosocial relations Technology The physical environment Institutions Belief systems and ideology Unique in its orientation, Human Behavior proposes a new integrative perspective representing a leap forward in the advancement of human behavior for the helping professions.

The Utilitarian Foundations of the Economic Approach to Human Behavior
The Utilitarian Foundations of the Economic Approach to Human Behavior

Author: Jimena Hurtado

Publisher:

Published: 2017

Total Pages: 31

ISBN-13:

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The economic approach to the study of human behavior has been presented by its foremost representative as the most effective method of studying social phenomena. Gary Becker's view supposes that, on the one hand, all social phenomena can be explained as a consequence of individual actions and, on the other, there is a stable pattern of individual behavior economics has been able to understand thoroughly. Hence, economics, according to this view, is no longer limited to the study of a certain domain of human actions or to the understanding of material wealth or the necessary conditions for the material reproduction of society. Economics is a method that gives the social scientist the necessary tools to understand and even transform the world that surrounds him/her. Becker clearly acknowledges the direct link between his approach and Jeremy Bentham's theory. Beyond the apparent connections regarding their conception of human nature there is one central point that links the two authors: their view of economics as an attitude of the human mind, an inherent capacity to calculate that explains all human actions. This paper argues that Bentham provides the philosophical groundings for Becker's theory. The application of the principle of utility to every aspect of human behavior justifies economic imperialism by transforming economics into a method of general analysis of human behavior. Indeed, economics is no longer defined according to its subject matter but according to its method, which means an increasing scope explaining Becker's claim that the economic approach provides a rigorous framework for the analysis of all social phenomena.

Economics As a Science of Human Behaviour
Economics As a Science of Human Behaviour

Author: Bruno S. Frey

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 259

ISBN-13: 940171374X

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This book champions the view that economics is a social science, and that, moreover, it may serve as a new paradigm for the social sciences. Economics is taken to be part of those sciences which deal with actual problems of society by providing insights, improving our understanding and suggesting solutions. I am aware that the way problems are addressed here has little in common with economics as it is generally understood today; most economists make strong efforts to imitate the exact sciences. Economics tends to become a branch of applied mathematics; the majority of all publications in professional journals and books are full of axioms, lemmas and proofs, and they are much concerned with purely formal deductions. Often, when the results are translated into verbal language, or when they are applied empirically, disappointingly little of interest remains. The book wants to show that another type of economics exists which is surprisingly little known. This type of economics has its own particular point of view. It centres on a concept of man, or a model of human behaviour, which differs from those normally used in other social sciences such as sociology, political science, law, or psychology. I do not, how ever, claim that economics is the only legitimate social science. On the vii viii PREFACE contrary, economics can provide useful insights only in collaboration with the other social sciences-an aspect which has been disregarded by mathematically oriented economics.

Misbehaving: The Making of Behavioral Economics
Misbehaving: The Making of Behavioral Economics

Author: Richard H. Thaler

Publisher: W. W. Norton & Company

Published: 2015-05-11

Total Pages: 502

ISBN-13: 0393246779

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Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award