With Luis Rayo, this social scientist wrote a recent paper on the evolution of happiness, arguing that decision making from a reference point is fitness optimizing.
With Luis Rayo, this social scientist wrote a recent paper on the evolution of happiness, arguing that decision making from a reference point is fitness optimizing. This social scientist argued that criminals make cost-benefit analyses, rather than simply being mentally deranged, in his essay "Crime and Punishment: An Economic Approach." One of his results advocates delaying gifts of money in order to ensure cooperative behavior, since proportionally dividing the gift according to need maximizes individual gains when all agents are equally successful. That result is the "Rotten Kid" theorem. Known for applying economic analysis to social issues like divorce, addiction, and social planning, for 10 points, name this author of The Economics of Discrimination, a University of Chicago economist who won the Nobel Prize in 1992 and co-writes a blog with Richard Posner.
With Luis Rayo, this social scientist wrote a recent paper on the evolution of happiness, arguing that decision making from a reference point is fitness optimizing.
Gary Stanley Becker