Social Economics: Market Behavior in a Social Environment by Kevin M. Murphy, Gary S. Becker

Social Economics: Market Behavior in a Social Environment

Kevin M. Murphy, Gary S. Becker

170 pages • first pub 2000 (view editions)

nonfiction economics challenging informative reflective medium-paced
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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 scientis...

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