Download or read book Evolutionary Microeconomic Theory of the Household written by Jason Potts and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Evolutionary Microeconomics written by Jason Potts and published by Edward Elgar Publishing. This book was released on 2000 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work acts as a critique of the basis of neoclassical microeconomics, and makes a proposal for the structure of a new evolutionary theory.
Download or read book Evolving Households written by Jeremy Greenwood and published by MIT Press. This book was released on 2019-01-29 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformative effect of technological change on households and culture, seen from a macroeconomic perspective through simple economic models. In Evolving Households, Jeremy Greenwood argues that technological progress has had as significant an effect on households as it had on industry. Taking a macroeconomic perspective, Greenwood develops simple economic models to study such phenomena as the rise in married female labor force participation, changes in fertility rates, the decline in marriage, and increased longevity. These trends represent a dramatic transformation in everyday life, and they were made possible by advancements in technology. Greenwood also addresses how technological progress can cause social change. Greenwood shows, for example, how electricity and labor-saving appliances freed women from full-time household drudgery and enabled them to enter the labor market. He explains that fertility dropped when higher wages increased the opportunity cost of having children; he attributes the post–World War II baby boom to a combination of labor-saving household technology and advances in obstetrics and pediatrics. Marriage rates declined when single households became more economically feasible; people could be more discriminating in their choice of a mate. Technological progress also affects social and cultural norms. Innovation in contraception ushered in a sexual revolution. Labor-saving technological progress at home, together with mechanization in industry that led to an increase in the value of brain relative to brawn for jobs, fostered the advancement of women's rights in the workplace. Finally, Greenwood attributes increased longevity to advances in medical technology and rising living standards, and he examines healthcare spending, the development of new drugs, and the growing portion of life now spent in retirement.
Download or read book Economics as an Evolutionary Science written by Anna Sachko Gandolfi and published by Routledge. This book was released on 2018-02-06 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is traditionally taken to be the social science concerned with the production, consumption, exchange, and distribution of wealth and commodities. Economists carefully track the comings and goings of the human household, whether written small (microeconomics) or large (macroeconomics) and attempt to predict future patterns under different situations. However, in constructing their models of economic behavior, economists often lose sight of the actual characteristics and motivations of their human subjects. In consequence, they have found the goal of an explanatory and predictive science to be elusive. Economics as an Evolutionary Science reorients economics toward a more direct appreciation of human nature, with an emphasis on what we have learned from recent advances in evolutionary science. The authors integrate economics and evolution to produce a social science that is rigorous, internally coherent, testable, and consistent with the natural sciences. The authors suggest an expanded definition of "fitness," as in Darwin's survival of the fittest, emphasizing not only the importance of reproduction and the quality of offspring, but also the unique ability of humans to provide material wealth to their children. The book offers a coherent explanation for the recent decline in fertility, which is shown to be consistent with the evolutionary goal of maximizing genetic success. In addition, the authors demonstrate the relevance to economics of several core concepts derived from biologists, including the genetics of parent-offspring conflict, inclusive fitness theory, and the phenomena of R-selection and K-selection. The keystone of their presentation is a cogent critique of the traditional concept of "utility." As the authors demonstrate, the concept can be modified to reflect the fundamental evolutionary principle whereby living things-including human beings-have been selected to behave in a manner that maximizes their genetic representation in future generations. Despite the extraordinary interest in applying evolutionary biology to other disciplines, Economics as an Evolutionary Science marks the first major attempt at a synthesis of biology and economics. Scholarly yet accessible, this volume offers unique and original perspectives on an entire discipline.
Download or read book Microeconomic Theory of the Household and Nutrition Programs written by Dov Chernichovsky and published by World Bank Publications. This book was released on 1988 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether a nutrition program works depends on whether, and how, individual households make use of it.
Download or read book Evolutionary Microeconomics and the Theory of Expectations written by Jason Potts and published by . This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Demand Complexity and Long Run Economic Evolution written by Andreas Chai and published by Springer. This book was released on 2019-05-11 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this contributed volume is to consider how global consumption patterns will develop in the next few decades, and what the consequences of that development will be for the economy, policymakers, and society at large. In the long run, the extent to which economic growth translates into better living conditions strongly depends on how rising affluence and new technologies shape consumer preferences. The ongoing rise in household income in developing countries raises some important questions: Will consumption patterns always continue to expand in the same manner as we have witnessed in the previous two centuries? If not, how might things evolve differently? And what implications would such changes hold for not only our understanding of consumption behavior but also our pursuit of more sustainable societies?
Download or read book Household Theory written by oikonomia geeks and published by . This book was released on 2019-11-23 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomics looks at households, producers and the state. The focus is always on individual actors and their relationships with one another. Whether theoretically or using mathematical methods, microeconomics can explain how economic actors behave under which conditions.In particular, the basics of microeconomics are also the foundations of many economic areas. Modern macroeconomics, for example, is inconceivable without microeconomic methodology, and political economy or the theory of development economics cannot do without microeconomic ideas either.The first part of the oikonomia geeks microeconomics series explains the consumer optimum of household theory. The optimal consumer decision is explained from the assumptions about the relevant functions to the mathematical derivation of the optimum.The explanations are deliberately kept elementary. Beyond school mathematics, there are no prerequisites for understanding. The study helper is perfect for students in their first semesters. It is aimed at students of economics in their first semesters and all interested friends of economic theory.Each of us always has to make economic decisions. Understanding why some decisions are necessary, better, or worse than others helps people make better decisions in their lives. Microeconomics helps to get closer to answering these questions.oikonomia geeks offers study helpers who do not need a lot of previous knowledge. University teaching often expects profound prior knowledge of the methods. oikonomia geeks starts shortly before and helps to follow the lectures more intensively.
Download or read book Microeconomics written by Samuel Bowles and published by Princeton University Press. This book was released on 2009-12-13 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this novel introduction to modern microeconomic theory, Samuel Bowles returns to the classical economists' interest in the wealth and poverty of nations and people, the workings of the institutions of capitalist economies, and the coevolution of individual preferences and the structures of markets, firms, and other institutions. Using recent advances in evolutionary game theory, contract theory, behavioral experiments, and the modeling of dynamic processes, he develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events. Topics addressed include institutional innovation, social preferences, nonmarket social interactions, social capital, equilibrium unemployment, credit constraints, economic power, generalized increasing returns, disequilibrium outcomes, and path dependency. Each chapter is introduced by empirical puzzles or historical episodes illuminated by the modeling that follows, and the book closes with sets of problems to be solved by readers seeking to improve their mathematical modeling skills. Complementing standard mathematical analysis are agent-based computer simulations of complex evolving systems that are available online so that readers can experiment with the models. Bowles concludes with the time-honored challenge of "getting the rules right," providing an evaluation of markets, states, and communities as contrasting and yet sometimes synergistic structures of governance. Must reading for students and scholars not only in economics but across the behavioral sciences, this engagingly written and compelling exposition of the new microeconomics moves the field beyond the conventional models of prices and markets toward a more accurate and policy-relevant portrayal of human social behavior.
Download or read book The Economic Organization of the Household written by Wilfrid Keith Bryant and published by Cambridge University Press. This book was released on 1991-03-29 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Evolving Households written by Jeremy Greenwood and published by MIT Press. This book was released on 2019-01-29 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformative effect of technological change on households and culture, seen from a macroeconomic perspective through simple economic models. In Evolving Households, Jeremy Greenwood argues that technological progress has had as significant an effect on households as it had on industry. Taking a macroeconomic perspective, Greenwood develops simple economic models to study such phenomena as the rise in married female labor force participation, changes in fertility rates, the decline in marriage, and increased longevity. These trends represent a dramatic transformation in everyday life, and they were made possible by advancements in technology. Greenwood also addresses how technological progress can cause social change. Greenwood shows, for example, how electricity and labor-saving appliances freed women from full-time household drudgery and enabled them to enter the labor market. He explains that fertility dropped when higher wages increased the opportunity cost of having children; he attributes the post–World War II baby boom to a combination of labor-saving household technology and advances in obstetrics and pediatrics. Marriage rates declined when single households became more economically feasible; people could be more discriminating in their choice of a mate. Technological progress also affects social and cultural norms. Innovation in contraception ushered in a sexual revolution. Labor-saving technological progress at home, together with mechanization in industry that led to an increase in the value of brain relative to brawn for jobs, fostered the advancement of women's rights in the workplace. Finally, Greenwood attributes increased longevity to advances in medical technology and rising living standards, and he examines healthcare spending, the development of new drugs, and the growing portion of life now spent in retirement.
Download or read book The Evolution of Consumption written by Marina Bianchi and published by Elsevier. This book was released on 2007-07-19 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of the "Advances in Austrian Economics" series, this title contains a collection of papers on the evolution of consumption.
Download or read book Economics written by Partha Dasgupta and published by Oxford University Press, USA. This book was released on 2007-02-22 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining a global approach with examples from everyday life, this work describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. Along the way, it provides an introduction to key economic factors and concepts such as individual choices, national policies, and equity.
Download or read book On the Reappraisal of Microeconomics written by Robert U. Ayres and published by Edward Elgar Publishing. This book was released on 2005 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers an alternative approach that overcomes most of the objections to orthodox theory, whilst offering some additional advantages.
Download or read book Economics of the Family written by Martin Browning and published by Cambridge University Press. This book was released on 2014-06-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Download or read book Notes and Problems in Microeconomic Theory written by Peter B. Dixon and published by Elsevier. This book was released on 2012-12-02 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a unique approach to microeconomic theory, this book constructs (and proposes solutions to) major problems in mathematical programming, the theory of consumer demand, the theory of production, and welfare economics. Readers can thereby derive for themselves many of the major results achieved in microeconomics. Introductory notes set the scene for each chapter, and the subsequent sets of problems and annotated reading lists guarantee the reader a thorough grounding in microeconomic theory.
Download or read book The Evolutionary Foundations of Economics written by Kurt Dopfer and published by Cambridge University Press. This book was released on 2005-05-23 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. Since the early 1980s, a growing number of economists have been trying to provide answers to these two key questions by applying an evolutionary approach. This new departure has yielded a rich literature with enormous variety, but the unifying principles connecting the various ideas and views presented are, as yet, not apparent. This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges.
