Publication detail

Nestandardní modely ekonomického chování, aplikace teorie lidského kapitálu

Author(s): PhDr. Jiří Kameníček CSc.,
Type: IES Working Papers
Year: 2001
Number: 15
Published in: IES WP 2001/15
Publishing place: Prague
Keywords: Theory of Social Interactions, Decision-making of an Individual in a Social Milieu, Production Function in a sociable, and in unfriendly social Milieu, Initial Endowment, Individual Frontier of Co-operation, Individual Frontier of Non-cooperation
JEL codes:
Suggested Citation:
Abstract: An article builds on the analyses effectuated by Gary Stanley BECKER, winner of the 1992 Nobel Prize in Economics. The key theme of the article is a Theory of Social Interactions, borrowed from Gary Becker's book, Accounting for Tastes, Harvard University Press, 1998, p. 162 -- 174. The considerations following the short exposition of the Becker's model comes out from the easiest version of the model, which represents a behavior of an individual by a production function with one leading variable. The Goal of the following considerations is to offer the new interpretations of the Becker's model, to find its new consequences, and to create the relevant graphs of the models.
The introductory model of decision making of an individual in a sociable, and in an unfriendly social milieu is followed by definition so-called Individual Frontier of Co-operation, and by definition Individual Frontier of Non-cooperation. Further follows the model of the results of changes in production, the distinction of the modifications caused by the increasing participant's production in the sociable, and in the unfriendly social milieu. The following part of an article offers the distinction of the changes caused by the transfers from social friendly, and from social unfriendly milieu to the participant. Two models close an essay: The first group of models illustrates how effortless is to corrupt, to bribe the participants, who have not sufficiently strong interrelationship to the unfriendly social milieu. Second model shows an opposite behavior of actors, who have strong margin, the clear and explicit Individual Frontier of Non-cooperation with the socially unfriendly milieu. The article could be supposed as an attempt to make public familiar for the broader economic community with Becker's Theory of social interactions.
Downloadable: WP 15
December 2020




Patria Finance