001478214 000__ 07227nam\a22009735i\4500 001478214 001__ 1478214 001478214 003__ DE-B1597 001478214 005__ 20231026034851.0 001478214 006__ m\\\\\o\\d\\\\\\\\ 001478214 007__ cr\un\nnnunnun 001478214 008__ 210830t20092003mau\\\\\o\\d\z\\\\\\eng\d 001478214 019__ $$a(OCoLC)1013937677 001478214 019__ $$a(OCoLC)1029831423 001478214 019__ $$a(OCoLC)1032694852 001478214 019__ $$a(OCoLC)1037982351 001478214 019__ $$a(OCoLC)1041997514 001478214 019__ $$a(OCoLC)1046605572 001478214 019__ $$a(OCoLC)1046997499 001478214 019__ $$a(OCoLC)979909993 001478214 020__ $$a9780674020641 001478214 0247_ $$a10.4159/9780674020641$$2doi 001478214 035__ $$a(DE-B1597)457551 001478214 035__ $$a(OCoLC)655241049 001478214 040__ $$aDE-B1597$$beng$$cDE-B1597$$erda 001478214 0410_ $$aeng 001478214 044__ $$amau$$cUS-MA 001478214 050_4 $$aHM548$$b.B43 2000 001478214 072_7 $$aBUS069000$$2bisacsh 001478214 08204 $$a306.3$$221 001478214 1001_ $$aBecker, Gary S., $$eauthor.$$4aut$$4http://id.loc.gov/vocabulary/relators/aut 001478214 24510 $$aSocial Economics :$$bMarket Behavior in a Social Environment /$$cKevin M. Murphy, Gary S. Becker. 001478214 264_1 $$aCambridge, MA : $$bHarvard University Press, $$c[2009] 001478214 264_4 $$c©2003 001478214 300__ $$a1 online resource (190 p.) 001478214 336__ $$atext$$btxt$$2rdacontent 001478214 337__ $$acomputer$$bc$$2rdamedia 001478214 338__ $$aonline resource$$bcr$$2rdacarrier 001478214 347__ $$atext file$$bPDF$$2rda 001478214 50500 $$tFrontmatter -- $$tContents -- $$tAcknowledgments -- $$tPart I. The Effect of Social Capital on Market Behavior -- $$t1. The Importance of Social Interactions -- $$t2. Social Forces, Preferences, and Complementarity -- $$t3. Are Choices "Rational" When Social Capital Is Important? -- $$tPart II. The Formation of Social Capital -- $$t4. Sorting by Marriage -- $$t5. Segregation and Integration in Neighborhoods -- $$t6. The Social Market for the Great Masters and Other Collectibles -- $$t7. Social Markets and the Escalation of Quality: TheWorld of Veblen Revisited -- $$t8. Status and Inequality -- $$tPart III Fads, Fashions, and Norms -- $$t9. Fads and Fashion -- $$t10. The Formation of Norms and Values -- $$tReferences / Index -- $$tReferences -- $$tAuthor Index -- $$tSubject Index 001478214 506__ $$aAccess limited to authorized users. 001478214 520__ $$aEconomists 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 conditioned 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. In this book, Gary Becker and Kevin Murphy provide such a framework 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. Using this approach, the authors are able to explain many puzzling phenomena, including patterns of drug use, how love affects marriage patterns, neighborhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of fads and fashions, and the distribution of income and status.Table of Contents: Acknowledgments Part I The Effect of Social Capital on Market Behavior 1. The Importance of Social Interactions 2. Social Forces, Preferences, and Complementarity 3. Are Choices "Rational" When Social Capital Is Important? Part II The Formation of Social Capital 4. Sorting by Marriage 5. Segregation and Integration in Neighborhoods 6. The Social Market for the Great Masters and Other Collectibleswith William Landes 7. Social Markets and the Escalation of Quality: The World of Veblen Revisitedwith Edward Glaeser 8. Status and Inequalitywith Iván Werning Part III Fads, Fashions, and Norms 9. Fads and Fashion 10. The Formation of Norms and Values References Author Index Subject Index Reviews of this book: [Becker and Murphy] are pioneers in the quest to extend the boundaries of rational choice theory in economics.They depict human beings not as isolated individuals but as members of society, shaped by social and cultural forces.This book marks another step in bringing economic theory closer to social reality.--David Throsby, Times Literary SupplementReviews of this book: This fascinating short book seeks to advance a 'social economics' field that would tackle such interpersonal issues head-on. It does so by addressing a diverse set of issues that includes social capital, habits and social interactions, sorting and marriage markets, segregation and integration of neighborhoods, escalation in product quality, status and inequality, and the modeling of fashions, norms, and values.--Stephen R. G. Jones, Journal of Economic Literature 001478214 538__ $$aMode of access: Internet via World Wide Web. 001478214 546__ $$aIn English. 001478214 5880_ $$aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) 001478214 650_0 $$aEconomics$$xSociological aspects. 001478214 650_0 $$aSocial interaction$$xEconomic aspects. 001478214 650_7 $$aBUSINESS & ECONOMICS / Economics / General.$$2bisacsh 001478214 655_0 $$aElectronic books 001478214 7001_ $$aMurphy, Kevin M., $$eauthor.$$4aut$$4http://id.loc.gov/vocabulary/relators/aut 001478214 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHUP eBook-Package Backlist 2000-2013 (Canada)$$z9783110756067 001478214 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHarvard University Press eBook Package Backlist 2000-2013$$z9783110442205 001478214 852__ $$bebk 001478214 85640 $$3De Gruyter$$uhttps://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674020641$$zOnline Access 001478214 909CO $$ooai:library.usi.edu:1478214$$pGLOBAL_SET 001478214 912__ $$a978-3-11-044220-5 Harvard University Press eBook Package Backlist 2000-2013$$c2000$$d2013 001478214 912__ $$a978-3-11-075606-7 HUP eBook-Package Backlist 2000-2013 (Canada)$$b2013 001478214 912__ $$aEBA_BACKALL 001478214 912__ $$aEBA_CL_LAEC 001478214 912__ $$aEBA_EBACKALL 001478214 912__ $$aEBA_EBKALL 001478214 912__ $$aEBA_ECL_LAEC 001478214 912__ $$aEBA_EEBKALL 001478214 912__ $$aEBA_ESSHALL 001478214 912__ $$aEBA_ESTMALL 001478214 912__ $$aEBA_PPALL 001478214 912__ $$aEBA_SSHALL 001478214 912__ $$aEBA_STMALL 001478214 912__ $$aGBV-deGruyter-alles 001478214 912__ $$aPDA11SSHE 001478214 912__ $$aPDA12STME 001478214 912__ $$aPDA13ENGE 001478214 912__ $$aPDA17SSHEE 001478214 912__ $$aPDA18STMEE 001478214 912__ $$aPDA5EBK 001478214 980__ $$aBIB 001478214 980__ $$aEBOOK 001478214 982__ $$aEbook 001478214 983__ $$aOnline