Economics as a Coordination Problem: The Contributions of Friedrich A. Hayek (Studies in economic theory)

Surveying the field of the economics of the household, the second edition of this text reviews the theory of the consumer at the intermediate undergraduate level. It applies and extends it to consumer demand and expenditures, consumption and saving, time allocation among market work, home work, and leisure, human capital emphasizing investment in education, children and health, fertility, marriage, and divorce. Influenced by Gary Becker and his associates, the models developed are used to help explain modern U.S. trends in family behavior. Topics are discussed with the aid of geometry and a little algebra A Revision Of The Author's Thesis, University Of California At Los Angeles.includes Index. Bibliography: P. 158-167. Gerald P. O'driscoll, Jr. ; Foreword By F.a. Hayek. A Revision Of The Author's Thesis, University Of California At Los Angeles. Includes Index. Bibliography: P. 158-167. This is the first full-length examination of the economic writings of Nobel Laureate (1974) F.A. Hayek.