Robert T. Michael

Choices matter. And in your teens and twenties, some of the biggest life decisions come about when you feel the least prepared to tackle them. Economist Robert T. Michael won't tell you what to choose. Instead, he'll show you how to make smarter choices. Michael focuses on five critical decisions we all face about college, career, partners, health, and parenting. He uses these to demonstrate how the science of scarcity and choice concepts used to guide major business decisions and shape national legislation can offer a solid foundation for our own lives. Employing comparative advantage can have a big payoff when picking a job. Knowing how to work the marketplace can minimize uncertainty when choosing a partner. And understanding externalities the ripple of results from our actions can clarify the if and when of having children. Michael also brings in data from the National Longitudinal Survey of Youth, a scientific sample of 18 million millennials in the United States that tracks more than a decade of young adult choices and consequences. As the survey's longtime principal investigator and project director, Michael shows that the aggregate decisions can help us understand what might lie ahead along many possible paths offering readers insights about how their own choices may turn out. There's no singular formula for always making the right choice. But the adaptable framework and rich data at the heart of The Five Life Decisions will help you feel confident in whatever you decide.

This representative survey of sexual behaviour in the general population of America offers basic information about topics such as the transmission of AIDS and other sexually transmitted diseases, unwanted pregnancies, child abuse, sexual harassment and sexual violence. Conducted by a research team centred at the University of Chicago, the National Health and Social Life Survey (NHSLS) was designed to determine not only incidence and prevalence of sexual practices, but also the social and psychological contexts in which they occur. Based on personal interviews with a probability sample of 3432 American women and men between the ages of 18 and 59, this study explores the extent to which sexual conduct and general attitudes toward sexuality are influenced by gender, age, marital status and other demographic characteristics. Some of the questions the researchers address include: how do social factors such as education, race, and religion affect sexual conduct?; how have American sexual patterns been changing?; how do women's and men's sexual lives and attitudes differ?; and how is sexual behaviour organized across the life course? Other topics covered by the survey include early sexual experiences, masturbation, contraception and fertility, sexual abuse, coercion, sexual health, satisfaction and sexual dysfunction. A wide variety of sexual practices and preferences are also explored in the questionnaire, including specific questions on homosexual desire, identity, and behaviour, the appeal of various sexual practices, and their frequency and incorporation into sexual lives. With many charts, graphs and tables, and a copy of the complete survey questionnaire, this work is intended to be of use as a reference for scientists, analysts and researchers seeking reliable information on the sexual practices of American adults.

This representative survey of sexual behaviour in the general population of America offers basic information about topics such as the transmission of AIDS and other sexually transmitted diseases, unwanted pregnancies, child abuse, sexual harassment and sexual violence. Conducted by a research team centred at the University of Chicago, the National Health and Social Life Survey (NHSLS) was designed to determine not only incidence and prevalence of sexual practices, but also the social and psychological contexts in which they occur. Based on personal interviews with a probability sample of 3432 American women and men between the ages of 18 and 59, this study explores the extent to which sexual conduct and general attitudes toward sexuality are influenced by gender, age, marital status and other demographic characteristics. Some of the questions the researchers address include: how do social factors such as education, race, and religion affect sexual conduct?; how have American sexual patterns been changing?; how do women's and men's sexual lives and attitudes differ?; and how is sexual behaviour organized across the life course? Other topics covered by the survey include early sexual experiences, masturbation, contraception and fertility, sexual abuse, coercion, sexual health, satisfaction and sexual dysfunction. A wide variety of sexual practices and preferences are also explored in the questionnaire, including specific questions on homosexual desire, identity, and behaviour, the appeal of various sexual practices, and their frequency and incorporation into sexual lives. With many charts, graphs and tables, and a copy of the complete survey questionnaire, this work is intended to be of use as a reference for scientists, analysts and researchers seeking reliable information on the sexual practices of American adults.

Allocation of Income within the Household develops an important new economic model of income distribution within the family, one that attempts to determine which family characteristics affect spending patterns. Professors Lazear and Michael base their work on an analysis of the 1972-73 Consumer Expenditure Survey and test their conclusions against the 1960-61 survey to verify the persistence of the effects discovered. They find, for example, that the average household spends $38 per child for every $100 spent per adult and that the level of relative and absolute expenditure on the child rises with the level of education of the head of the household. Lazear and Michael also explore the implications their study may hold for the process of determining child support payments in households that dissolve. They argue that, unless the spending of every dollar can be monitored, alimony cannot be disentangled from child support. They also develop several criteria by which income might be distributed among family members, and, using one of those criteria, they present a series of tables that suggest the appropriate payment from one parent to another given family size, structure, and income level. Their model is particularly useful because it takes account of the ways other family members who were not part of the original household may contribute income to the new household. Other issues considered include the appropriate way to deal with children with special needs and the timing of transfer payments.