Showing papers by "Gary S. Becker published in 1976"
Book•
01 Jan 1976
TL;DR: Becker applied economic analysis to various aspects of human activity, including social interactions; crime and punishment; marriage, fertility, and the family; and "irrational" behavior as discussed by the authors.
Abstract: Since his pioneering Since his pioneering application of economic analysis to racial discrimination, Gary S. Becker has shown that an economic approach can provide a unified framework for understanding all human behavior. In a highly readable selection of essays Becker applies this approach to various aspects of human activity, including social interactions; crime and punishment; marriage, fertility, and the family; and "irrational" behavior.
3,238 citations
Posted Content•
TL;DR: This article showed that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved" income elasticities for quantity and quality were equal and of average value.
Abstract: This paper brings together and integrates social interactions and the special relation between quantity and quality. We are able to show that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved� income elasticities for quantity and quality were equal and of average value. Moreover, the observed quality elasticity would fall, and the observed quantity elasticity would rise, as parental income rose.
1,318 citations
TL;DR: This article showed that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved" income elasticities for quantity and quality were equal and of average value.
Abstract: This paper brings together and integrates social interactions and the special relation between quantity and quality. We are able to show that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved� income elasticities for quantity and quality were equal and of average value. Moreover, the observed quality elasticity would fall, and the observed quantity elasticity would rise, as parental income rose.
1,161 citations
Posted Content•
TL;DR: This article showed that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved" income elasticities for quantity and quality were equal and of average value.
Abstract: This paper brings together and integrates social interactions and the special relation between quantity and quality. We are able to show that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved� income elasticities for quantity and quality were equal and of average value. Moreover, the observed quality elasticity would fall, and the observed quantity elasticity would rise, as parental income rose.
89 citations
TL;DR: Becker as discussed by the authors proposed a more general theory of regulation, which he called Towards a More General Theory of Regulation (TTHR), which is a generalization of the more general Theory of Law and Economics (TLE).
Abstract: Toward a More General Theory of Regulation Author(s): Gary Becker Source: Journal of Law and Economics, Vol. 19, No. 2, Conference on the Economics of Politics and Regulation (Aug., 1976), pp. 245-248 Published by: The University of Chicago Press for The Booth School of Business of the University of Chicago and The University of Chicago Law School Stable URL: http://www.jstor.org/stable/725165 . Accessed: 04/05/2014 19:48
68 citations
Posted Content•
51 citations
TL;DR: In this article, a theoretical analysis of marital dissolution incorporating uncertainty about the outcomes of marital decisions into a framework of utilitymaximization and the marriage market is presented, and implica-tions of the theoretical analysis with cross-sectional data,primarily the 1967 Survey of Economic Opportunity and the Terman sample are discussed.
Abstract: This paper focuses on the causes of divorce. Section I developsa theoretical analysis of marital dissolution incorporating uncertaintyabout the outcomes of marital decisions into a framework of utilitymaximization and the marriage market. Section II explores the implica-tions of the theoretical analysis with cross-sectional data,primarilythe 1967 Survey of Economic Opportunity and the Terman sample. Therelevance of both the theoretical and empirical analyses in explainingthe recent acceleration in the U.S. divorce rate is discussed.
26 citations
Posted Content•
TL;DR: In this article, a theoretical analysis of marital dissolution incorporating uncertainty about the outcomes of marital decisions into a framework of utilitymaximization and the marriage market is presented, and implica-tions of the theoretical analysis with cross-sectional data,primarily the 1967 Survey of Economic Opportunity and the Terman sample are discussed.
Abstract: This paper focuses on the causes of divorce. Section I developsa theoretical analysis of marital dissolution incorporating uncertaintyabout the outcomes of marital decisions into a framework of utilitymaximization and the marriage market. Section II explores the implica-tions of the theoretical analysis with cross-sectional data,primarilythe 1967 Survey of Economic Opportunity and the Terman sample. Therelevance of both the theoretical and empirical analyses in explainingthe recent acceleration in the U.S. divorce rate is discussed.
18 citations