Ebook: Social Economics: Market Behavior in a Social Environment
Author: Gary S. Becker, Kevin M. Murphy
- Year: 2009
- Publisher: Harvard University Press
- Language: English
- pdf
The authors offer an analytic framework for measuring how people make choices, including social environment with standard goods and services in their utility functions. These functions enable analysis of how changes in social environment affect choice, and provide a way of analyzing how social environment is determined by individuals' interactions.
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