- Author:Francisco Cabrillo
- Publisher:Edward Elgar Pub (September 1, 1999)
- Pages:193 pages
- Subcategory:Business & Finance
- FB2 format1302 kb
- ePUB format1746 kb
- DJVU format1640 kb
- Formats:lit rtf azw docx
The family is studied in this book using the basic methodology of economic theory: the analysis of conduct for utility maximization in. .Publication year: 1999. Contributors: Francisco Cabrillo. Subjects: Family-Economic Aspects.
The family is studied in this book using the basic methodology of economic theory: the analysis of conduct for utility maximization in people whose aim is to achieve the greatest possible satisfaction with limited resources and imperfect information. This method of maximization under constraints has been seen to be very fruitful in the analysis of all types of economic behaviour and can also be usefully applied to the study of the family. In many cases, this approach is complemented with the use of game theory.
Francisco Cabrillo then develops the analysis to include a discussion of the economics of family policy, an area not widely discussed in the existing literature, with special reference to the European Union. He makes use of simple and clear analytical models, such as neoclassical optimization and game theory, to explain the rationality of individual behaviour in the family and the responses to the incentives created by public policies.
This comprehensive and authoritative book offers a global approach to the modern economics of the family, family law and family policy. Beginning with the division of labour in the family, this book deals with the economics of marriage, the demand for children, inter-generational relationships, and the economics of inheritance. The family is analysed using the theory of utility maximisation assuming that individuals wish to achieve the greatest possible satisfaction with limited resources and imperfect knowledge.
The family is analysed using the theory of utility maximisation assuming . Francisco Cabrillo, 1999.
The family is analysed using the theory of utility maximisation assuming that individuals wish to achieve the greatest possible satisfaction with limited resources and imperfect knowledge. The family is examined from both long and short term perspectives, and it is assumed that the family is cooperative with incentives for altruistic behaviour greater than in any other social group. This comprehensive and authoritative book offers a global approach to the modern economics of the family, family law and family policy. The Economics of the Family and Family Policy," Books, Edward Elgar Publishing, number 1499, November.
in The Economics of the Family and Family Policy
in The Economics of the Family and Family Policy. The Economics of the Family and Family Policy ; doi:10.
An excellent analysis of economics and family policy. This book will become a standard reference work on many of the issues dealing with parenting and the production of valued goods and services. Folbre develops a new way of thinking about the economics of child rearing, that of treating children as an investment rather than a consumption good. Although Folbre characterizes her approach as institutional economics, she has really added to a wide variety of economic fields beyond that. Sheila Kamerman, Columbia University School of Social Work).
Download books for free. The departure point for this book is the authors' belief in the need for a systematic analysis of the incentive structures facing key players in the courts and litigation process. They focus not only on structures pertaining to the common law tradition, but offer analysis of issues not normally found in the North-American literature, such as the Latin notary and the selection and values of judges in civil law systems. They further propose an ample list of considerations for a reform agenda.
Economics of the Family. That is the standard assumption in economics and the basic tenet of the. unied framework of this book: individuals make rational decisions based on stable preferences, and decisions. change only when the environment changes. by Martin Browning, Pierre-André Chiappori, and Yoram Weiss. New York: Cambridge University Press 2014. Moreover, changes in the environment are most often conveyed by. changes in relative prices. We are reminded of the famous quip by James Duesenberry, Economics is all about. how people make choices. Sociology is all about why they don’t have any choices to make (NBER 1960: 233).
Family economics applies economic concepts such as production, division of labor, distribution, and decision making to the study of the family. It tries to explain outcomes unique to family-such as marriage, the decision to have children, fertility, polygamy, time devoted to domestic production, and dowry payments using economic analysis. The family, although recognized as fundamental from Adam Smith onward, received little systematic treatment in economics before the 1960s