In this updated economics text, J. Hirshleifer (UCLA) and D. Hirshleifer (U. of Michigan) examine market decisions in a psychosocial context, and present boxed examples drawing upon recent research for discussion purposes. They designate challenging starred material beyond the core readings in the areas an introduction to the field, utility and preference (including measures of life satisfaction related to income), the business firm, factor markets and income distribution, exchange, the economics of time, and political economy. Annotation c. by Book News, Inc., Portland, Or.