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ECN 340 (202)
Lecture

Chapter 7.docx

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Department
Economics
Course
ECN 340
Professor
Thomas Barbiero
Semester
Fall

Description
Chapter 7: Sexual Behavior - Sex is simply another service that is wanted and supplied Economic Characteristics of Sex - Sex as a service - Holding hands - Kissing - “Petting”  Touching - Intercourse Different Sexual Practices - Immoral? – value judgement, not immoral - A matter of taste Intensity - For most, it is the intensity of the sexual experience that make it so appealing - Most willing to pay higher cost to experience it compared to having a peanut butter sandwich - Interpersonal utility comparisons impossible to do  cannot compare peoples pleasure level Law of Demand and Sex - As price rises, quantity demanded falls - Prostitutes know this very well: higher price, fewer “tricks” - Men demand more units of sex as price drops Women and Sex - Generally, women want less sex, although it depends on cost - Men’s job is to decrease cost of sex and increase quantity demanded - Contraceptives have greatly reduced the cost of sex, therefore sexual activity is up Cost of Sex - Opportunity costs o Time o Energy o Risk of pregnancy o Risk of STD’s o Other costs? Guilt? Sex and the Rich and Poor - Who has more sex the rich or the poor?  Rich have more sex - Higher income groups consume (produce) more sex Sex as a Co-Operative Experience - Must be co-operatively produced and enjoyed - Thus, we look for someone who performs - Joint nature means pursuing same goal - For the particular sexual activity, no competition between the two
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