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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.Table of Contents: Acknowledgments Part I The Effect of Social Capital on Market Behavior 1. The Importance of Social Interactions 2. Social Forces, Preferences, and Complementarity 3. Are Choices "Rational" When Social Capital Is Important? Part II The Formation of Social Capital 4. Sorting by Marriage 5. Segregation and Integration in Neighborhoods 6. The Social Market for the Great Masters and Other Collectibleswith William Landes 7. Social Markets and the Escalation of Quality: The World of Veblen Revisitedwith Edward Glaeser 8. Status and Inequalitywith Iván Werning Part III Fads, Fashions, and Norms 9. Fads and Fashion 10. The Formation of Norms and Values References Author Index Subject Index Reviews of this book: [Becker and Murphy] are pioneers in the quest to extend the boundaries of rational choice theory in economics...They depict human beings not as isolated individuals but as members of society, shaped by social and cultural forces...This book marks another step in bringing economic theory closer to social reality.--David Throsby, Times Literary SupplementReviews of this book: This fascinating short book seeks to advance a 'social economics' field that would tackle such interpersonal issues head-on. It does so by addressing a diverse set of issues that includes social capital, habits and social interactions, sorting and marriage markets, segregation and integration of neighborhoods, escalation in product quality, status and inequality, and the modeling of fashions, norms, and values.--Stephen R. G. Jones, Journal of Economic Literature

AA / International- internationaal --- 339.320 --- 330.00 --- 380.20 --- 203 --- 305.971 --- Consumptie: algemeenheden. Wet van de vraag in verband met de consumptie. Consumptiebehoefte. Behoeftetheorie. --- Economische en sociale theorieën: algemeenheden. --- Prijstheorieën: algemeenheden. --- Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie). --- Speciale gevallen in econometrische modelbouw. --- -Social interaction --- Economic sociology --- Economics --- Social interaction --- Human interaction --- Interaction, Social --- Symbolic interaction --- Exchange theory (Sociology) --- Psychology --- Social psychology --- Socio-economics --- Socioeconomics --- Sociology of economics --- Sociology --- Sociological aspects. --- Economic aspects. --- Social aspects --- Sociological aspects --- Economic aspects --- Consumptie: algemeenheden. Wet van de vraag in verband met de consumptie. Consumptiebehoefte. Behoeftetheorie --- Economische en sociale theorieën: algemeenheden --- Prijstheorieën: algemeenheden --- Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie) --- Speciale gevallen in econometrische modelbouw --- Economics - Sociological aspects --- Social interaction - Economic aspects

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The beginning of the twenty-first century will be remembered, Friedman argues, not for military conflicts or political events, but for a whole new age of globalization a flattening' of the world. The explosion of advanced technologies now means that suddenly knowledge pools and resources have connected all over the planet, levelling the playing field as never before, so that each of us is potentially an equal and competitor of the other. The rules of the game have changed forever but does this death of distance', which requires us all to run faster in order to stay in the same place, mean the world has got too small and too flat too fast for us to adjust! Friedman brilliantly demystifies the exciting, often bewildering, global scene unfolding before our eyes, one which we sense but barely yet understand. "The World is Flat" is the most timely and essential update on globalization, its successes and its discontents, powerfully illuminated by a world-class writer.

Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie) --- Theorie van het internationale evenwicht. Economische onafhankelijkheid van een natie. Globalisering. Mondialisering --- #SBIB:33H072 --- Wereldmarkten --- 339.9 --- AA / International- internationaal --- 203 --- 382.11 --- Internationale economie --- Diffusion of innovations --- Globalization --- Information society --- Sociology --- Information superhighway --- Innovations, Diffusion of --- Acculturation --- Communication --- Culture diffusion --- Technological innovations --- Economic aspects --- Social aspects --- internationale economie --- economische geschiedenis --- International economic relations --- globalisering --- World history --- anno 2000-2009 --- anno 1990-1999 --- Diffusion of innovations. --- Information society. --- Economic aspects. --- Social aspects. --- Globalisering. --- Informatiemaatschappij. --- Globalization - Economic aspects --- Globalization - Social aspects --- #gsdb5

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Previously the role of social capital - defined as the institutions and networks of relationships between people, and the associated norms and values - in programs of poverty alleviation and development has risen to considerable prominence. Although development practitioners have long suspected that social capital does affect the efficiency and quality of most development processes, this book provides the rigorous empirical results needed to confirm that impression and translate it into effective and informed policymaking. It is based on a large volume of collected data, relying equally on quantitative and qualitative research methodologies to establish approaches for measuring social capital and its impact. The book documents the pervasive role of social capital in accelerating poverty alleviation and rural development, facilitating the provision of goods and services, and easing political transition and recovery from civil conflicts.

Development aid. Development cooperation --- Economic geography --- Community organization --- Third World: economic development problems --- Developing countries --- Social capital (Sociology) --- Poverty --- Economic development --- Rural development --- Capital social (Sociologie) --- Pauvreté --- Développement économique --- Développement rural --- Economic development. --- Poverty. --- Rural development. --- Social capital (Sociology). --- Social Change --- Sociology & Social History --- Social Sciences --- Business, Economy and Management --- Economics --- AA / International- internationaal --- 307.8 --- 203 --- 313 --- 338.340 --- Statistiek in verband met de levenskwaliteit. --- Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie). --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën). --- Algemene ontwikkeling in de Derde Wereld. --- Pauvreté --- Développement économique --- Développement rural --- Community development, Rural --- Development, Rural --- Integrated rural development --- Regional development --- Rehabilitation, Rural --- Rural community development --- Rural economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Destitution --- Capital, Social (Sociology) --- Citizen participation --- Social aspects --- Agriculture and state --- Community development --- Regional planning --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Sociology --- Developing countries: economic development problems --- Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie) --- Statistiek in verband met de levenskwaliteit --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën) --- Algemene ontwikkeling in de Derde Wereld

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Factfulness: The stress-reducing habit of only carrying opinions for which you have strong supporting facts. When asked simple questions about global trends - why the world's population is increasing; how many young women go to school; how many of us live in poverty - we systematically get the answers wrong. So wrong that a chimpanzee choosing answers at random will consistently outguess journalists, Nobel laureates, and investment bankers. In Factfulness, Professor of International Health and a man who can make data sing, Hans Rosling, together with his two long-time collaborators Anna and Ola, offers a radical new explanation of why this happens, and reveals the ten instincts that distort our perspective. It turns out that the world, for all its imperfections, is in a much better state than we might think. But when we worry about everything all the time instead of embracing a worldview based on facts, we can lose our ability to focus on the things that threaten us most. Inspiring and revelatory, filled with lively anecdotes and moving stories, Factfulness is an urgent and essential book that will change the way you see the world.

Social perception --- Social indicators --- Quality of life --- Critical thinking --- #SBIB:309H271 --- 316.653 --- Indicators, Social --- Cognition, Social --- Interpersonal perception --- Social cognition --- Critical reflection --- Reflection (Critical thinking) --- Reflection process --- Reflective thinking --- Thinking, Critical --- Thinking, Reflective --- Life, Quality of --- 316.653 Openbare mening. Publieke opinie --- Openbare mening. Publieke opinie --- Evaluation --- Statistics --- Politieke communicatie: toepassingsgebieden --- Social history --- Economic indicators --- Social accounting --- Social prediction --- Interpersonal relations --- Perception --- Social cognitive theory --- Thought and thinking --- Reflective learning --- Economic history --- Human ecology --- Life --- Basic needs --- Human comfort --- Work-life balance --- 165.4 --- 330.3 --- 330.3 Dynamiek der staatshuishouding. Economische bewegingen. Economische dynamica --- Dynamiek der staatshuishouding. Economische bewegingen. Economische dynamica --- 165.4 Kennis: zekerheid; geldigheid; oordeel; zijnsoordeel; waardeoordeel --- Kennis: zekerheid; geldigheid; oordeel; zijnsoordeel; waardeoordeel --- Science --- Quantitative methods (economics) --- 203 --- Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie) --- Forecasting. --- Methods in social research (general) --- Evaluative thinking

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Schiller traces the transformation of the Internet from government, military, and educational tool to agent of "digital capitalism" through three critically important and interlinked realms.The networks that comprise cyberspace were originally created at the behest of government agencies, military contractors, and allied educational institutions. Over the past generation or so, however, a growing number of these networks began to serve primarily corporate users. Under the sway of an expansionary market logic, the Internet began a political-economic transition toward what Dan Schiller calls "digital capitalism."Schiller traces these metamorphoses through three critically important and interlinked realms. Parts I and II deal with the overwhelmingly "neoliberal" or market-driven policies that influence and govern the telecommunications system and their empowerment of transnational corporations while at the same time exacerbating exisiting social inequalities. Part III shows how cyberspace offers uniquely supple instruments with which to cultivate and deepen consumerism on a transnational scale, especially among privileged groups. Finally, Part IV shows how digital capitalism has already overtaken education, placing it at the mercy of a proprietary market logic.

Information society --- Electronic commerce --- International economic integration --- Information superhighway --- Internet --- Telecommunication --- Social aspects --- History --- Autoroute de l'information --- Autoroutes de la communication --- Autoroutes électroniques --- Information [Autoroute de l' ] --- Information [Autoroute de l'] --- Information [Autoroutes de l' ] --- Inforoutes --- Infrastructure [Information ] --- Internationale economische integratie --- Superhighway [Information ] --- COMPUTERS --- Information superhighway. --- Information society. --- International economic integration. --- Data highway --- Data superhighway --- Digital highway --- Electronic superhighway --- Global information infrastructure --- I-way (Information superhighway) --- Infobahn --- Infopike --- Information highway --- Information infrastructure --- Infrastructure, Information --- National information infrastructure --- Superhighway, Information --- Information networks --- Information technology --- Common markets --- Economic integration, International --- Economic union --- Integration, International economic --- Markets, Common --- Union, Economic --- International economic relations --- Cybercommerce --- E-business --- E-commerce --- E-tailing --- eBusiness --- eCommerce --- Electronic business --- Internet commerce --- Internet retailing --- Online commerce --- Web retailing --- Commerce --- Sociology --- Social aspects. --- History. --- 203 --- 330.2 --- 330.52 --- 384.7 --- AA / International- internationaal --- Sociografie. Algemene beschrijving van de gemeenschappen (Sociologie) --- Economische analyse en research. Theorie van de informatie --- Liberaal systeem. Neo-liberalisme. Theorie van de onderhandeling --- Tele-informatie. Datatransmissie --- Economische analyse en research. Theorie van de informatie. --- Electronic commerce - Social aspects. --- BUSINESS/Management --- Electronic commerce - Social aspects --- Internet - Social aspects --- Telecommunication - History --- Autoroutes de l'information --- Transmission numérique --- Intégration économique internationale --- Société de l'information --- Commerce électronique --- Aspect économique --- Aspect social