This book presents an accessible and sometimes controversial economic exploration of numerous issues surrounding sex, marriage and family. It analyses the role of 'vanity', defined as social status and self-esteem, in social and economic behaviors.In Veblen's theory of conspicuous consumption, vanity is associated with the consumption of luxuries such as expensive handbags and cars. In this book, C. Simon Fan provocatively argues that vanity is obtained by having a spouse and children with perceived 'high-quality' values, for example, a beautiful wife, a tall husband or intelligent offspring. He demonstrates from various perspectives that vanity plays a crucial role in male-female relationships and intergenerational relationships. In doing so, he challenges the conventional frontier of economics and contributes to other social sciences. This unique book will appeal to the educated general reader and interested academic alike. Contents: 1. Introduction 2. Vanity Economics: A Survey and an Extension 3. Vanity and the Consumption of Material Goods/Services 4. Marriage Markets 5. Vanity in Romance and Marriage 6. Vanity and Virginity 7. Sexual Liberation 8. Prostitution and Commercial Sex 9. Extramarital Affairs 10. Homosexuality 11. Classical Population Theory 12. Gary Becker, Vanity Economics and Modern Population Theory 13. The Cost of Children in Population Theory 14. Child Labour, 'Working Daughters' and Population Theory 15. Old-Age Support, Family Protection and Population Theory 16. Gender Bias, Gender Gaps and Population Theory 19. A 'Population Problem': Theory and Policy 20. Vanity and Divorce 21. Development and Divorce 22. Family Background and Children's Education 23. Parental Behaviours and the Quality of Children 24. Intergenerational Transfers of Wealth 25. Family, Vanity and Consumption Puzzles 26. Vanity and Social Interactions 27. Vanity, Family and Migration 28. Epilogue Index

This book analyzes Chinese nationalism from the perspective of social economics. It posits a conceptual framework in which national status is treated as a "luxury" while material consumption is considered as a "necessity" in people's preferences, which implies that popular nationalism tends to increase with economic development. The book extensively uses the tools of game theory and behavioral economics to analyze inter-ethnical and international conflicts in historical and contemporary China. The author's economic approach to the subject of nationalism brings fresh and critical insights into the Chinese historical events and relations with foreign countries. For example, it helps resolve the following puzzles: Why did most Chinese support an ethnic minority, the Manchus, to be their ruler after the collapse of the Ming dynasty? In the Boxer Rebellion, why did the Qing dynasty declare war against more than eight foreign powers when it knew well that any of the countries could defeat China easily? What are the fundamental causes of the 1962 Sino-Indian War and the 1979 Sino-Vietnamese War? Who is responsible for the bombing of the Chinese Embassy in Belgrade? This book attempts to answer the questions based on the theories of social economics and rational choice, which will interest those researching on nationalism, China studies, international relations, history and political economy.

How does culture shape history, and history shape culture? This book answers this question by bringing readers on a fascinating journey through the evolution of Chinese culture, political and legal institutions, and "national character" of historical and contemporary China. It illustrates how "national character" evolves endogenously along with an institutional environment through the use of economic theories. Recognizing the unique role of "personality" in violence and social order - important variables that contribute to successful economies, the book provides a meaningful take on "personality" from the "average personality" of a country's people. It analyses the relationship between culture, institution and "national character", providing gainful, interesting insights into the monumental transformation of China.

This book presents an accessible and sometimes controversial economic exploration of numerous issues surrounding sex, marriage and family. It analyses the role of 'vanity', defined as social status and self-esteem, in social and economic behaviors.In Veblen's theory of conspicuous consumption, vanity is associated with the consumption of luxuries such as expensive handbags and cars. In this book, C. Simon Fan provocatively argues that vanity is obtained by having a spouse and children with perceived 'high-quality' values, for example, a beautiful wife, a tall husband or intelligent offspring. He demonstrates from various perspectives that vanity plays a crucial role in male-female relationships and intergenerational relationships. In doing so, he challenges the conventional frontier of economics and contributes to other social sciences. This unique book will appeal to the educated general reader and interested academic alike. Contents: 1. Introduction 2. Vanity Economics: A Survey and an Extension 3. Vanity and the Consumption of Material Goods/Services 4. Marriage Markets 5. Vanity in Romance and Marriage 6. Vanity and Virginity 7. Sexual Liberation 8. Prostitution and Commercial Sex 9. Extramarital Affairs 10. Homosexuality 11. Classical Population Theory 12. Gary Becker, Vanity Economics and Modern Population Theory 13. The Cost of Children in Population Theory 14. Child Labour, 'Working Daughters' and Population Theory 15. Old-Age Support, Family Protection and Population Theory 16. Gender Bias, Gender Gaps and Population Theory 19. A 'Population Problem': Theory and Policy 20. Vanity and Divorce 21. Development and Divorce 22. Family Background and Children's Education 23. Parental Behaviours and the Quality of Children 24. Intergenerational Transfers of Wealth 25. Family, Vanity and Consumption Puzzles 26. Vanity and Social Interactions 27. Vanity, Family and Migration 28. Epilogue Index

How does culture shape history, and history shape culture? This book answers this question by bringing readers on a fascinating journey through the evolution of Chinese culture, political and legal institutions, and "national character" of historical and contemporary China. It illustrates how "national character" evolves endogenously along with an institutional environment through the use of economic theories. Recognizing the unique role of "personality" in violence and social order - important variables that contribute to successful economies, the book provides a meaningful take on "personality" from the "average personality" of a country's people. It analyses the relationship between culture, institution and "national character", providing gainful, interesting insights into the monumental transformation of China.