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The Economic Organization of the Household

Author

Listed:
  • Bryant,W. Keith
  • Zick,Cathleen D.

Abstract

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 then 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. For those with calculus, mathematical endnotes provide the models on which the text discussions are based and interesting applications beyond the scope of the text.

Suggested Citation

  • Bryant,W. Keith & Zick,Cathleen D., 2006. "The Economic Organization of the Household," Cambridge Books, Cambridge University Press, number 9780521801416, January.
    • Handle: RePEc:cup:cbooks:9780521801416
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    Citations

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    Cited by:

    1. Luca Zanin, 2017. "The effects of various motives to save money on the propensity of Italian households to allocate an unexpected inheritance towards consumption," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(4), pages 1755-1775, July.
    2. Hyrum Smith & Michael Finke & Sandra Huston, 2012. "Financial Sophistication and Housing Leverage Among Older Households," Journal of Family and Economic Issues, Springer, vol. 33(3), pages 315-327, September.
    3. Cathleen Zick & Robert Stevens, 2011. "Time Spent Eating and Its Implications for Americans’ Energy Balance," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 101(2), pages 267-273, April.
    4. Rosales-Salas, Jorge & Jara-Díaz, Sergio R., 2017. "A time allocation model considering external providers," Transportation Research Part B: Methodological, Elsevier, vol. 100(C), pages 175-195.
    5. Mariyah Mariyah & Yusman Syaukat & Sri Hartoyo & Anna Fariyanti & Bayu Krisnamurthi, 2018. "The Role of Farm Household Saving for Oil Palm Replanting at Paser Regency, East Kalimantan," International Journal of Economics and Financial Issues, Econjournals, vol. 8(5), pages 124-130.
    6. Sonya Britt & Sandra Huston, 2012. "The Role of Money Arguments in Marriage," Journal of Family and Economic Issues, Springer, vol. 33(4), pages 464-476, December.
    7. Shinichiro Iwata & Keiko Tamada, 2014. "The backward-bending commute times of married women with household responsibility," Transportation, Springer, vol. 41(2), pages 251-278, March.
    8. Dibb, Sally & Merendino, Alessandro & Aslam, Hussan & Appleyard, Lindsey & Brambley, William, 2021. "Whose rationality? Muddling through the messy emotional reality of financial decision-making," Journal of Business Research, Elsevier, vol. 131(C), pages 826-838.
    9. Samuel Narh Dorhetso, 2024. "A review of fifty-six years of consumer economics research," SN Business & Economics, Springer, vol. 4(11), pages 1-27, November.
    10. Jara-Díaz, Sergio & Rosales-Salas, Jorge, 2017. "Beyond transport time: A review of time use modeling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 209-230.
    11. Victoria Vernon, 2010. "Marriage: for love, for money…and for time?," Review of Economics of the Household, Springer, vol. 8(4), pages 433-457, December.
    12. Dolores Moreno-Herrero & Manuel Salas-Velasco & José Sánchez-Campillo, 2017. "Individual Pension Plans in Spain: How Expected Change in Future Income and Liquidity Constraints Shape the Behavior of Households," Journal of Family and Economic Issues, Springer, vol. 38(4), pages 596-613, December.
    13. Ivan-Damir Anić & Sonja Radas, 2016. "Boundaries for the Retail Geographical Market and Factors Influencing Shoppers' Mobility," Journal of Consumer Affairs, Wiley Blackwell, vol. 50(2), pages 315-341, July.
    14. Gallagher, Paul W. & Sleper, Daniel, 2016. "The market and consumer welfare effects of mid-level ethanol blends in the US fuel market," Energy Policy, Elsevier, vol. 98(C), pages 149-159.
    15. Herrera Gómez, Marcos & Cid, Juan Carlos & Paz, Jorge Augusto, 2012. "Introducción a la econometría espacial: Una aplicación al estudio de la fecundidad en la Argentina usando R [Introduction to Spatial Econometrics: An application to the study of fertility in Argent," MPRA Paper 41138, University Library of Munich, Germany.
    16. Markus Gehrsitz, 2014. "Looks and Labor: Do Attractive People Work More?," LABOUR, CEIS, vol. 28(3), pages 269-287, September.
    17. Michael Walden, 2012. "Will Households Change Their Saving Behaviour After the “Great Recession”? The Role of Human Capital," Journal of Consumer Policy, Springer, vol. 35(2), pages 237-254, June.
    18. Luca Zanin, 2016. "On Italian Households’ Economic Inadequacy Using Quali-Quantitative Measures," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(1), pages 59-88, August.
    19. XXX, Shuya & Iwata, Shinichiro, 2012. "Fertility and the user cost of home ownership: Evidence from regional panel data," MPRA Paper 37387, University Library of Munich, Germany.
    20. Agus Surachman & Hartoyo, 2015. "Parental Investment and Poverty Dynamics in West Java, Indonesia," Journal of Family and Economic Issues, Springer, vol. 36(3), pages 340-352, September.
    21. Paz, Jorge & Arévalo, Carla, 2014. "Nivel y desigualdad por género en el uso del tiempo en la Argentina. Una nota introductoria [Gender inequality in the use of time in Argentina. An introductory note]," MPRA Paper 56085, University Library of Munich, Germany.
    22. Robert B. Nielsen & Martin C. Seay & Melissa J. Wilmarth, 2018. "The Receipt of Government Food Assistance: Differences Between Metro and Non-Metro Households," Journal of Family and Economic Issues, Springer, vol. 39(1), pages 117-131, March.
    23. Atte Oksanen & Mikko Aaltonen & Kati Rantala, 2015. "Social Determinants of Debt Problems in a Nordic Welfare State: a Finnish Register-Based Study," Journal of Consumer Policy, Springer, vol. 38(3), pages 229-246, September.

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