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ECN 340 (22)
Chapter 7

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Department
Economics
Course
ECN 340
Professor
Thomas Barbiero
Semester
Fall

Description
ECN 340­ 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”  • Intercourse  Different Sexual Practices • Immoral? No • It is a matter of taste Intensity  • For most, it is the intensity of the sexual experience that makes it so appealing  • Most people are willing to pay a higher cost to experience it compared to having a  peanut butter sandwich (because of the intensity) – this does not mean only dollar  amounts (dinner etc..) • Interpersonal utility comparison is impossible to do (everyone experiences it  completely differently….”whatever turns you on”) Law of Demand and Sex • As price raises, quantity demanded falls and vice versa  • Prostitutes know this very well: higher price, fewer “tricks” ­> They are natural  economists ;)  • Men demand more units of sex as price drops (controversial)  Women and Sex • Generally, women want less sex, although it depends on cost (For women, sex can  be more costly­> pregnancy etc) • Men’s job is to decrease cost of sex and increase quality demanded  • Contraceptives have greatly reduced the cost of sex, therefore sexual activity is up  Cost of Sex • Opportunity costs • Time • Energy (saving energy by not doing it)
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