developers could attract H's more easily to neighborhoods with s = s′′ < 1 than with s = 1, while L's would be indifferent to these neighborhoods, as long as the cost of land and amenities makes L's utility lie along L*.
... the initial theoretical perspective was that helping behavior is motivated by egoism: “the doctrinaire view in psychology has been that altruism can ultimately be explained in terms of egoistic, self-serving motives” (Hoffman 1975).
Economic theory , problem of , 3 ; sphere of , 4 ; method of , 5 ; task of , 8 . Economy , unity of , 49 ff .; goals of , 159 . Elements of cost , 200 . Emigration , 434 . Emigrant labor , 433 . Engels , 407 .
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.
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...
At the very heart of the conception of the present volume lies the conviction that social economics is a highly pluralistic discipline, inspired and enriched by several often radically different world views, Schumpeterian visions, and at ...
Brief articles cover crime, justice, entitlements, the extended family, full employment, health economics, inheritance, and labor discrimination
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.
Social Economics uses these premises to undertake a rich range of empirical and policy related work. Much of this work is represented in this volume, which brings together leading practioners from the field of social economics.
Social economics is a well-established and flourishing area of research and study, and this new four-volume collection in the Routledge Major Works series, Critical Concepts in Economics, meets the need for an authoritative reference work ...
This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory.
... altruism (equation 5 with q2 = 0). An Experimental Design in Economics Based on Income Effects A frequently used experimental design in economics investigates dualmotive altruism and warm glow by implementing the thought experiment ...