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The Economic Organization of the Household

Author : W. Keith Bryant
Publisher : Cambridge University Press
Page : 360 pages
File Size : 15,52 MB
Release : 2005-12-19
Category : Business & Economics
ISBN : 9781139447355

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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.

The Economic Organization of the Household

Author : Wilfrid Keith Bryant
Publisher : Cambridge University Press
Page : 304 pages
File Size : 27,86 MB
Release : 1991-03-29
Category : Business & Economics
ISBN : 9780521391870

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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.

The Economic Organization of the Household

Author : W. Keith Bryant
Publisher :
Page : 354 pages
File Size : 13,10 MB
Release : 2006-01-30
Category : Business & Economics
ISBN : 0511133324

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The text surveys the entire field of the modern economics of the household.

The Household Economy

Author : Richard R Wilk
Publisher : Routledge
Page : 266 pages
File Size : 34,55 MB
Release : 2021-06-02
Category :
ISBN : 9780367308346

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This book focuses on the economic decisions that must be made in the household. It states that domestic activities are commonly grouped into two primary types, one having to do with social reproduction, the other with the production and consumption of foods.

The Economic Organization

Author : Frank Hyneman Knight
Publisher : Transaction Publishers
Page : 209 pages
File Size : 35,11 MB
Release : 2013-07-31
Category : Business & Economics
ISBN : 1412851211

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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.

Intrafamily Bargaining and Household Decisions

Author : Notburga Ott
Publisher : Springer Science & Business Media
Page : 251 pages
File Size : 26,85 MB
Release : 2012-12-06
Category : Political Science
ISBN : 3642457088

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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.

Economics of the Household

Author : Benjamin Richard Andrews
Publisher :
Page : 646 pages
File Size : 15,41 MB
Release : 1923
Category : Home economics
ISBN :

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