A Theory of Social Interactions

@article{Becker1974ATO,
  title={A Theory of Social Interactions},
  author={G. Becker},
  journal={Journal of Political Economy},
  year={1974},
  volume={82},
  pages={1063 - 1093}
}
  • G. Becker
  • Published 1974
  • Journal of Political Economy
This essay uses simple tools of economic theory to analyze interactions between the behavior of some persons and different characteristics of other persons. Although these interactions are emphasized in the contemporary sociological and anthropological literature, and were considered the cornerstone of behavior by several prominent nineteenth-century economists, they have been largely ignored in the modern economic literature. The central concept of the analysis is "social income," the sum of a… Expand

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