Economics, Econometrics and Finance
4 years ago

New theory reveals how social interactions shape consumer demand and behavior

A Theory of Social Interactions
Gary S. Becker

Paper Summary

Related papers

Theme background image
Social Sciences
6 years ago

University students' quality needs drive education improvements, Kano model reveals.

Education Technology
Governance Studies
Education Trends
4 views
Economics, Econometrics and Finance
8 years ago

Nixon's Wage and Price Controls Backfired, Worsening Inflation and Economic Conditions

Macroeconomic Analysis
Macroeconomic Trends
Infrastructure Impact
2 views
Economics, Econometrics and Finance
8 years ago

Central Bank's Inflation Target Lowers Unemployment, Boosts Wages in Imperfect Markets

Macroeconomic Analysis
Macroeconomic Trends
Monetary Models
3 views

The article discusses how social interactions influence what people want. It looks at how different people's characteristics affect what they like and how they behave. The research shows that social interactions play a big role in family relationships, charity, and how people feel about others. This means that understanding social interactions is important and can be studied in a detailed way.