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Author: W. Keith Bryant
Publisher: Cambridge University Press
ISBN: 9781139447355
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Surveying the field of the economics of the household, the second edition of this text reviews the theory of the consumer at the intermediate undergraduate level. It then applies and extends it to consumer demand and expenditures, consumption and saving, time allocation among market work, home work, and leisure, human capital emphasizing investment in education, children and health, fertility, marriage, and divorce. Influenced by Gary Becker and his associates, the models developed are used to help explain modern U.S. trends in family behavior. Topics are discussed with the aid of geometry and a little algebra. For those with calculus, mathematical endnotes provide the models on which the text discussions are based and interesting applications beyond the scope of the text.
Author: W. Keith Bryant
Publisher: Cambridge University Press
ISBN: 9781139447355
Category : Business & Economics
Languages : en
Pages : 360
Get Book
Book Description
Surveying the field of the economics of the household, the second edition of this text reviews the theory of the consumer at the intermediate undergraduate level. It then applies and extends it to consumer demand and expenditures, consumption and saving, time allocation among market work, home work, and leisure, human capital emphasizing investment in education, children and health, fertility, marriage, and divorce. Influenced by Gary Becker and his associates, the models developed are used to help explain modern U.S. trends in family behavior. Topics are discussed with the aid of geometry and a little algebra. For those with calculus, mathematical endnotes provide the models on which the text discussions are based and interesting applications beyond the scope of the text.
Author: W. Keith Bryant
Publisher:
ISBN: 0511133324
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
The text surveys the entire field of the modern economics of the household.
Author: Wilfrid Keith Bryant
Publisher: Cambridge University Press
ISBN: 9780521391870
Category : Business & Economics
Languages : en
Pages : 304
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Book Description
In The Economic Organization of the Household, Professor Bryant examines the microeconomic principles at work in the institution of the family. In the first book to cover all the major elements of family economics, Bryant begins with a thorough analysis of household demand for and expenditures on goods and services and proceeds to a consideration of saving behavior. Then, in separate chapters, he treats household time allocation and production, human capital investment, fertility and, finally, marriage and divorce. In each case, he focuses on elaborating and explaining the economic models of household behavior. This book will be of interest to anyone who seeks a complete account of the economics of the family. It is cast at the intermediate microeconomics level and will be especially useful to upper division undergraduates and first year graduate students. Calculus is used in the end-notes to further develop the models under consideration but the body of the text is free of difficult math.
Author: Frank Hyneman Knight
Publisher: Transaction Publishers
ISBN: 1412851211
Category : Business & Economics
Languages : en
Pages : 209
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Book Description
When originally released, Frank Hyneman Knight’s The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight’s circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight’s "wheel of wealth"—the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight’s The Economic Organization. This book should be read by all economists, historians, and policy makers.
Author: Max Weber
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 488
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Book Description
Author: Frank Hyneman Knight
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 179
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Book Description
Author: Kenneth Hirth
Publisher: Cambridge University Press
ISBN: 1108863671
Category : Social Science
Languages : en
Pages : 467
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Book Description
In this book, Kenneth Hirth provides a comparative view of the organization of ancient and premodern society and economy. Hirth establishes that humans adapted to their environments, not as individuals but in the social groups where they lived and worked out the details of their livelihoods. He explores the variation in economic organization used by simple and complex societies to procure, produce, and distribute resources required by both individual households and the social and political institutions that they supported. Drawing on a wealth of archaeological, historic, and ethnographic information, he develops and applies an analytical framework for studying ancient societies that range from the hunting and gathering groups of native North America, to the large state societies of both the New and Old Worlds. Hirth demonstrates that despite differences in transportation and communication technologies, the economic organization of ancient and modern societies are not as different as we sometimes think.
Author: Robert A. Solo
Publisher:
ISBN: 9780472097234
Category : Comparative economics
Languages : en
Pages : 434
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Book Description
The reappearance of a book written and published before its time
Author: Notburga Ott
Publisher: Springer Science & Business Media
ISBN: 3642457088
Category : Political Science
Languages : en
Pages : 251
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Book Description
A model of household decisions based on a bargaining approach is developed providing a comprehensive framework for the analysis of family behavior. Treating the family as an economic organization, household behavior is explained by the cooperation of utility maximizing individuals. The difference to traditional microeconomic household models is that theassumption of a joint household utility function is abandoned. Instead of this, a game theoretic approach is used to model family decisions as a result of intrafamily bargaining. Considering the development of the spouses` human capital in a dynamic approach, the long-term effects of intrafamily specialization in market work and work at home are analyzed. Onemajor finding is that in a dynamic setting non-Pareto efficient allocations may result. Empirical tests demonstrate the relevanace of the bargaining approach.
Author: Martin Browning
Publisher: Cambridge University Press
ISBN: 1107728924
Category : Business & Economics
Languages : en
Pages : 516
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Book Description
The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
