Factors Impacting Parental Investment in Children Framework for Empirical Research Introduction and Theoretical Background Economists, behavioral psychologists, and other scholars have paid increasing attention to the economic dimension of the relationship between parents and children. Zelizer (2005) wrote that “the mingling of economic activity and intimacy…is nothing but another version of normal market activity” (p. 21), and argued that emotional transactions such as intimacy were subject to purchase. In Zelizer’s version of what might be known as emotional economics, every transaction within the family can be modeled with economic tools such as cost-benefit analysis (CBA), marginal utility, and return on investment (ROI). Historically...The end:
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