Using the basic economic assumptions of maximizing behavior, stable preferences, and arid equilibria in explicit or implicit markets, Becker applies economic theory to the most sensitive and fateful personal decisions, such as choosing a spouse or having children.
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Using the basic economic assumptions of maximizing behavior, stable preferences, and arid equilibria in explicit or implicit markets, Becker applies economic theory to the most sensitive and fateful personal decisions, such as choosing a spouse or having children.
Read Less
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