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Social Economics

Author: Gary Stanley Becker

Publisher: Harvard University Press

Published: 2009-07

Total Pages: 180

ISBN-13: 0674020642

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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 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.

Book Synopsis Social Economics by : Gary Stanley Becker

Download or read book Social Economics written by Gary Stanley Becker and published by Harvard University Press. This book was released on 2009-07 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 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.

The Socio-Economics of Roman Storage

Author: Astrid Van Oyen

Publisher: Cambridge University Press

Published: 2020-05-14

Total Pages: 303

ISBN-13: 1108495532

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This is the first archaeological study to approach the central problem of storage in the Roman world holistically, across contexts and datasets, of interest to students and scholars of Roman archaeology and history and to anthropologists keen to link the scales of farmer and state.

Book Synopsis The Socio-Economics of Roman Storage by : Astrid Van Oyen

Download or read book The Socio-Economics of Roman Storage written by Astrid Van Oyen and published by Cambridge University Press. This book was released on 2020-05-14 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first archaeological study to approach the central problem of storage in the Roman world holistically, across contexts and datasets, of interest to students and scholars of Roman archaeology and history and to anthropologists keen to link the scales of farmer and state.

Handbook of Social Economics SET: 1A, 1B

Author: Jess Benhabib

Publisher: Newnes

Published: 2011

Total Pages: 1509

ISBN-13: 0444537139

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How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function

Book Synopsis Handbook of Social Economics SET: 1A, 1B by : Jess Benhabib

Download or read book Handbook of Social Economics SET: 1A, 1B written by Jess Benhabib and published by Newnes. This book was released on 2011 with total page 1509 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function

Urban Socio-Economic Segregation and Income Inequality

Author: Maarten van Ham

Publisher: Springer Nature

Published: 2021-03-29

Total Pages: 520

ISBN-13: 303064569X

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This open access book investigates the link between income inequality and socio-economic residential segregation in 24 large urban regions in Africa, Asia, Australia, Europe, North America, and South America. It offers a unique global overview of segregation trends based on case studies by local author teams. The book shows important global trends in segregation, and proposes a Global Segregation Thesis. Rising inequalities lead to rising levels of socio-economic segregation almost everywhere in the world. Levels of inequality and segregation are higher in cities in lower income countries, but the growth in inequality and segregation is faster in cities in high-income countries. This is causing convergence of segregation trends. Professionalisation of the workforce is leading to changing residential patterns. High-income workers are moving to city centres or to attractive coastal areas and gated communities, while poverty is increasingly suburbanising. As a result, the urban geography of inequality changes faster and is more pronounced than changes in segregation levels. Rising levels of inequality and segregation pose huge challenges for the future social sustainability of cities, as cities are no longer places of opportunities for all.

Book Synopsis Urban Socio-Economic Segregation and Income Inequality by : Maarten van Ham

Download or read book Urban Socio-Economic Segregation and Income Inequality written by Maarten van Ham and published by Springer Nature. This book was released on 2021-03-29 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book investigates the link between income inequality and socio-economic residential segregation in 24 large urban regions in Africa, Asia, Australia, Europe, North America, and South America. It offers a unique global overview of segregation trends based on case studies by local author teams. The book shows important global trends in segregation, and proposes a Global Segregation Thesis. Rising inequalities lead to rising levels of socio-economic segregation almost everywhere in the world. Levels of inequality and segregation are higher in cities in lower income countries, but the growth in inequality and segregation is faster in cities in high-income countries. This is causing convergence of segregation trends. Professionalisation of the workforce is leading to changing residential patterns. High-income workers are moving to city centres or to attractive coastal areas and gated communities, while poverty is increasingly suburbanising. As a result, the urban geography of inequality changes faster and is more pronounced than changes in segregation levels. Rising levels of inequality and segregation pose huge challenges for the future social sustainability of cities, as cities are no longer places of opportunities for all.

Socio-Economic Development

Author: Adam Szirmai

Publisher: Cambridge University Press

Published: 2015-06-18

Total Pages: 795

ISBN-13: 1107045959

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Taking a comparative and multidisciplinary approach, this textbook offers a non-technical introduction to the dynamics of socio-economic development and stagnation.

Book Synopsis Socio-Economic Development by : Adam Szirmai

Download or read book Socio-Economic Development written by Adam Szirmai and published by Cambridge University Press. This book was released on 2015-06-18 with total page 795 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a comparative and multidisciplinary approach, this textbook offers a non-technical introduction to the dynamics of socio-economic development and stagnation.

Socioeconomics of Agriculture

Author: Stefan Mann

Publisher: Springer

Published: 2018-01-13

Total Pages: 106

ISBN-13: 3319741411

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This open access book applies for the first time emerging concepts of socioeconomics to analyse an economic sector, namely agriculture. It considers the rational choices of all actors in the system (just as agricultural economists do) and their cultural preferences and constraints (just as rural sociologists do). Socioeconomic concepts are subsequently used to structure agricultural issues with regard to the three governance mechanisms (hierarchy, markets, and cooperation), and different agricultural systems are presented and compared. The book will be of interest to social scientists with various backgrounds, and seeks to break down the barriers of single-disciplinary thinking.

Book Synopsis Socioeconomics of Agriculture by : Stefan Mann

Download or read book Socioeconomics of Agriculture written by Stefan Mann and published by Springer. This book was released on 2018-01-13 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book applies for the first time emerging concepts of socioeconomics to analyse an economic sector, namely agriculture. It considers the rational choices of all actors in the system (just as agricultural economists do) and their cultural preferences and constraints (just as rural sociologists do). Socioeconomic concepts are subsequently used to structure agricultural issues with regard to the three governance mechanisms (hierarchy, markets, and cooperation), and different agricultural systems are presented and compared. The book will be of interest to social scientists with various backgrounds, and seeks to break down the barriers of single-disciplinary thinking.

YSEC Yearbook of Socio-Economic Constitutions 2020

Author: Steffen Hindelang

Publisher: Springer Nature

Published: 2021-03-29

Total Pages: 838

ISBN-13: 3030437574

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This book presents the very first, interdisciplinarily grounded, comprehensive appraisal of a future “Common European Law on Investment Screening”. Thereby, it provides a foundation for a European administrative law framework for investment screening by setting out viable solutions and evaluating their pros and cons. Daimler, the harbour terminal in Zeebrugge, or Saxo Bank are only three recent examples of controversially discussed company takeovers in Europe. The “elephant in the room” is China and its “Belt and Road Initiative”. The political will in Europe is growing to more actively control investments flowing into the EU. The current regulatory initiatives raise several fundamental, constitutional and regulatory issues. Surprisingly, they have not been addressed in any depth so far. The book takes stock of the current rather fragmented regulatory approaches and combines contributions from leading international academics, practitioners, and policy makers in their respective fields. Due to the volume’s comprehensive approach, it is expected to influence the broader debate on the EU’s upcoming regulation of this matter. The book is addressed to participants from academia as well as to representatives from government, business, and civil society.

Book Synopsis YSEC Yearbook of Socio-Economic Constitutions 2020 by : Steffen Hindelang

Download or read book YSEC Yearbook of Socio-Economic Constitutions 2020 written by Steffen Hindelang and published by Springer Nature. This book was released on 2021-03-29 with total page 838 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the very first, interdisciplinarily grounded, comprehensive appraisal of a future “Common European Law on Investment Screening”. Thereby, it provides a foundation for a European administrative law framework for investment screening by setting out viable solutions and evaluating their pros and cons. Daimler, the harbour terminal in Zeebrugge, or Saxo Bank are only three recent examples of controversially discussed company takeovers in Europe. The “elephant in the room” is China and its “Belt and Road Initiative”. The political will in Europe is growing to more actively control investments flowing into the EU. The current regulatory initiatives raise several fundamental, constitutional and regulatory issues. Surprisingly, they have not been addressed in any depth so far. The book takes stock of the current rather fragmented regulatory approaches and combines contributions from leading international academics, practitioners, and policy makers in their respective fields. Due to the volume’s comprehensive approach, it is expected to influence the broader debate on the EU’s upcoming regulation of this matter. The book is addressed to participants from academia as well as to representatives from government, business, and civil society.

Econometric Evaluation of Socio-Economic Programs

Author: Giovanni Cerulli

Publisher: Springer

Published: 2015-05-08

Total Pages: 319

ISBN-13: 3662464055

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This book provides advanced theoretical and applied tools for the implementation of modern micro-econometric techniques in evidence-based program evaluation for the social sciences. The author presents a comprehensive toolbox for designing rigorous and effective ex-post program evaluation using the statistical software package Stata. For each method, a statistical presentation is developed, followed by a practical estimation of the treatment effects. By using both real and simulated data, readers will become familiar with evaluation techniques, such as regression-adjustment, matching, difference-in-differences, instrumental-variables and regression-discontinuity-design and are given practical guidelines for selecting and applying suitable methods for specific policy contexts.

Book Synopsis Econometric Evaluation of Socio-Economic Programs by : Giovanni Cerulli

Download or read book Econometric Evaluation of Socio-Economic Programs written by Giovanni Cerulli and published by Springer. This book was released on 2015-05-08 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides advanced theoretical and applied tools for the implementation of modern micro-econometric techniques in evidence-based program evaluation for the social sciences. The author presents a comprehensive toolbox for designing rigorous and effective ex-post program evaluation using the statistical software package Stata. For each method, a statistical presentation is developed, followed by a practical estimation of the treatment effects. By using both real and simulated data, readers will become familiar with evaluation techniques, such as regression-adjustment, matching, difference-in-differences, instrumental-variables and regression-discontinuity-design and are given practical guidelines for selecting and applying suitable methods for specific policy contexts.

Capitalism

Author: Anwar Shaikh

Publisher: Oxford University Press

Published: 2016-01-15

Total Pages: 896

ISBN-13: 0199390657

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Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Book Synopsis Capitalism by : Anwar Shaikh

Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Rethinking Value Chains

Author: Palpacuer, Florence

Publisher: Policy Press

Published: 2021-08-13

Total Pages: 204

ISBN-13: 1447362144

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EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Today, production processes have become fragmented with a range of activities divided among firms and workers across borders. These global value chains are being strongly promoted by international organisations, such as the World Bank and the World Trade Organization, but social and political backlash is mounting in a growing variety of forms. This ambitious volume brings together academics and activists from Europe to address the social and environmental imbalances of global production. Thinking creatively about how to reform the current economic system, this book will be essential reading for those interested in building sustainable alternatives at local, regional and global levels.

Book Synopsis Rethinking Value Chains by : Palpacuer, Florence

Download or read book Rethinking Value Chains written by Palpacuer, Florence and published by Policy Press. This book was released on 2021-08-13 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Today, production processes have become fragmented with a range of activities divided among firms and workers across borders. These global value chains are being strongly promoted by international organisations, such as the World Bank and the World Trade Organization, but social and political backlash is mounting in a growing variety of forms. This ambitious volume brings together academics and activists from Europe to address the social and environmental imbalances of global production. Thinking creatively about how to reform the current economic system, this book will be essential reading for those interested in building sustainable alternatives at local, regional and global levels.