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A Survey On Behavioral Models Of Intra Household Consumption
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Book Synopsis A Survey on Behavioral Models of Intra-Household Consumption by : Elnaz Hajebi
Download or read book A Survey on Behavioral Models of Intra-Household Consumption written by Elnaz Hajebi and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the theory of microeconomics, in discussions related to consumer behavior, it is usually assumed that the household acts as a decision-making unit like an individual, and for a household, a budget constraint and a utility function are considered. As a result, only the general behavior of the household will be observable and analyzed. Since the 1980s, this method, which is called the Unitary Household Model, has been criticized theoretically and empirically, and issues such as the inequality of household members have been raised. In contrast to the Unitary Household model, Collective Household Model was proposed in consumer behavior. According to this method, in multi-member households, each member has their own preferences, and what can be important between these members is the intra-household bargaining process. In this article, at first, we will give an introduction including the theoretical foundation and the background of the research, then, while introducing the unitary model as an introduction to collective models, we will examine the collective model and inta-household collective models. At the end, the contents are summarized and suggestions for future research are presented.
Book Synopsis Modeling the Intra Household Behavioral Interaction by : Sha Yang
Download or read book Modeling the Intra Household Behavioral Interaction written by Sha Yang and published by . This book was released on 2009 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative models in marketing typically focus on the household as the unit of analysis while ignoring the individual family members' behavior and behavioral interactions among household members. However, knowledge of such intra-household behavioral interaction enables marketers to target their communications more effectively. In this paper, we propose a modeling framework to capture the intra-household behavioral interaction based on family members' actual consumption behavior over time. We develop a model to capture multiple agents' (more than two individuals') simultaneous choice decisions over more than two choice alternatives. This is extremely difficult with other previously developed modeling approaches. We apply the proposed model to a context of family member's television viewing, and simultaneously model whether TV is on, which type of programs is playing and which family member(s) is(are) watching. The proposed model allows us to estimate the individual's intrinsic preference and the extrinsic preference from a joint consumption with other members. These estimates allow us to test several alternative group decision-making heuristics that may operate in those joint consumption occasions and conduct managerially useful counterfactual simulations.
Book Synopsis Household Economic Behaviors by : J. A. Molina
Download or read book Household Economic Behaviors written by J. A. Molina and published by Springer Science & Business Media. This book was released on 2011-08-31 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Significant recent changes in the structure and composition of households make the study of the economic relationships within the household of particular interest for academics and policy-makers. In this context, Household Economic Behaviors, through its focus on theoretical and empirical chapters on a range of economic behaviors within the household, provides a new and timely viewpoint. Following the Introduction and one or two surveys which give a general background, the volume includes theoretical and empirical perspectives on allocation of available time within the household, monetary and non-monetary transfers between household members, and intra-household bargaining.
Book Synopsis Opening the Black Box of Intra-Household Decision-Making by : Laurens Cherchye
Download or read book Opening the Black Box of Intra-Household Decision-Making written by Laurens Cherchye and published by . This book was released on 2005 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics of the Family by : Martin Browning
Download or read book Economics of the Family written by Martin Browning and published by Cambridge University Press. This book was released on 2014-06-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Book Synopsis He says, she says: Exploring patterns of spousal agreement in Bangladesh by : Ambler, Kate
Download or read book He says, she says: Exploring patterns of spousal agreement in Bangladesh written by Ambler, Kate and published by Intl Food Policy Res Inst. This book was released on 2017-03-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Participation in household decisions and control over assets are often used as indicators of bargaining power. Yet spouses do not necessarily provide the same answers to questions about these topics. We examine differences in spouses’ answers to questions regarding who participates in decisions about household activities, who owns assets, and who decides to purchase assets. Disagreement is substantial and systematic, with women more likely to report joint ownership or decision making and men more likely to report sole male ownership or decision making. Analysis of correlations between agreement and women’s well-being finds that agreement on joint decision making/ownership is generally positively associated with beneficial outcomes for women compared with agreement on sole male decision making/ownership. Cases of disagreement where women recognize their involvement but men do not are also positively associated with good outcomes for women, but often to a lesser extent than when men agree that women are involved.
Book Synopsis The Analysis of Household Surveys by : Angus Deaton
Download or read book The Analysis of Household Surveys written by Angus Deaton and published by World Bank Publications. This book was released on 1997 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from several countries, including Cote d'Ivoire, India, Pakistan, Taiwan, and Thailand, this book analyzes household survey data from developing countries and illustrates how such data can be used to cast light on a range of short-term and long-term policy issues.
Book Synopsis An Afriat Theorem for the Collective Model of Household Consumption by : Laurens Cherchye
Download or read book An Afriat Theorem for the Collective Model of Household Consumption written by Laurens Cherchye and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Gender, Time Use, and Models of the Household by : Patricia Apps
Download or read book Gender, Time Use, and Models of the Household written by Patricia Apps and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to explain why time use data are essential for analyzing issues of gender equity and the intra-household allocation of resources, comparing living standards, and estimating the behavioral effects of changes in policy variables. The first step in the exposition is to show that the neglect of these data in much of the literature on household behavior, in both developed and developing economies, can be traced to unrealistic assumptions on domestic production and the mistaken idea that non-market time can be viewed as leisure. It is argued that an approach is required that makes explicit the need for data on the time family members spend on domestic work as well as on labor supply. An approach of this kind is outlined and used to identify the specialized assumptions that are employed when they are missing. The paper also discusses the limitations of available time use survey datasets that are due to deficiencies in survey design. The more serious and common problems are illustrated using as case studies the Statistics South Africa 2000 Time Use Survey and the time use module included in the Nicaraguan 1998 Living Standards Measurements Survey.
Book Synopsis Handbook of Behavioral Economics - Foundations and Applications 1 by :
Download or read book Handbook of Behavioral Economics - Foundations and Applications 1 written by and published by Elsevier. This book was released on 2018-09-27 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Behavioral Economics: Foundations and Applications presents the concepts and tools of behavioral economics. Its authors are all economists who share a belief that the objective of behavioral economics is to enrich, rather than to destroy or replace, standard economics. They provide authoritative perspectives on the value to economic inquiry of insights gained from psychology. Specific chapters in this first volume cover reference-dependent preferences, asset markets, household finance, corporate finance, public economics, industrial organization, and structural behavioural economics. This Handbook provides authoritative summaries by experts in respective subfields regarding where behavioral economics has been; what it has so far accomplished; and its promise for the future. This taking-stock is just what Behavioral Economics needs at this stage of its so-far successful career. Helps academic and non-academic economists understand recent, rapid changes in theoretical and empirical advances within behavioral economics Designed for economists already convinced of the benefits of behavioral economics and mainstream economists who feel threatened by new developments in behavioral economics Written for those who wish to become quickly acquainted with behavioral economics
Book Synopsis Gender, Time Use, and Models of the Household by : Patricia Apps
Download or read book Gender, Time Use, and Models of the Household written by Patricia Apps and published by World Bank Publications. This book was released on 2002 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to explain why time use data are essential for analysing issues of gender equity and the intra-household allocation of resourcess, for comparing living standards and for estimating the behavioural effects of changes in policy variables.
Book Synopsis Measurement of intra-household resource control: Exploring the validity of experimental measures by : Ambler, Kate
Download or read book Measurement of intra-household resource control: Exploring the validity of experimental measures written by Ambler, Kate and published by Intl Food Policy Res Inst. This book was released on 2020-12-17 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the validity of experimental methods designed to measure preferences for intra-household resource control among spouses in Ghana and Uganda. We implement two incentivized tasks; (1) a game that measures willingness to pay to control resources, and (2) private and joint dictator games that measure preferences for resource allocation and the extent to which those preferences are reflected in joint decisions. Behavior in the two tasks is correlated, suggesting that they describe similar underlying latent variables. In Uganda the experimental measures are robustly correlated with a range of household survey measures of resource control and women’s empowerment and suggest that simple private dictator games may be as informative as more sophisticated tasks. In Ghana, the experimental measures are not predictive of survey indicators, suggesting that context may be an important element of whether experimental measures are informative.
Book Synopsis Handbook of Population and Family Economics by : Mark Richard Rosenzweig
Download or read book Handbook of Population and Family Economics written by Mark Richard Rosenzweig and published by . This book was released on 1997 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Behavioral and Welfare Analysis of Consumption by : Federico Perali
Download or read book The Behavioral and Welfare Analysis of Consumption written by Federico Perali and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The motive force of human activity that propels the stream of progress is here caught at its source, in its most modest, material expressions. The mechanism of the passions acting as determinant in these low spheres is less complex and can therefore be observed with greater precision. All one need do is leave the picture its clear, calm colors and its simple design. Gradually, as that search for material well-being by which man is tormented grows and expand, it also tends to rise and pursue an ascendant course thorough the social classes. In 'I Malavoglia' it is still only the struggle for material needs. Once these needs are satisfied, the search turns into greed for riches and will be embedded in a bourgeois type . . . Giovanni Verga, from the Introduction to The House by the Medlar Tree (I Malavoglia) Motivation In the past decade, many less developed countries have undertaken structural adjustment programs with the hope of breaking the vicious circle of the depression that enveloped them during the 1980s and of loosening the suffocating grip of the debt crisis. Nearly always, macroeconomic stabilization implies a reduction of public spending and, consequently, a reduction of subsidies on wage goods and food production. Other macro policies, such as tariff elimination and exchange rates alignment, alter relative prices and may have significant effects on the level and distribution of income. Today, poverty and inequality are perceived as economic threats as a result of globalization and unbalanced market expansion.
Book Synopsis The intra-household allocation of time by :
Download or read book The intra-household allocation of time written by and published by Rozenberg Publishers. This book was released on 2009 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis From Parent to Child by : Jere R. Behrman
Download or read book From Parent to Child written by Jere R. Behrman and published by University of Chicago Press. This book was released on 1995-08-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do parents allocate human capital among their children? To what extent do parental decisions about resource allocation determine children's eventual economic success? The analyses in From Parent to Child explore these questions by developing and testing a model in which the earnings of children with different genetic endowments respond differently to investments in human capital. Behrman, Pollak, and Taubman use this model to investigate issues such as parental bias in resource allocations based on gender or birth order; the extent of intergenerational mobility in income, earnings, and schooling in the United States; the relative importance of environmental and genetic factors in determining variations in schooling; and whether parents' distributions offset the intended effects of government programs designed to subsidize children. In allocating scarce resources, parents face a trade-off between equity and efficiency, between the competing desires to equalize the wealth of their children and to maximize the sum of their earnings. Building on the seminal work of Gary Becker, From Parent to Child integrates careful modeling of household behavior with systematic empirical testing, and will appeal to anyone interested in the economics of the family.
Book Synopsis Public Economics and the Household by : Patricia Apps
Download or read book Public Economics and the Household written by Patricia Apps and published by Cambridge University Press. This book was released on 2009-03-05 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic models in much of the public economics literature have been slow to reflect the significant changes towards double-income households throughout the developed world. This graduate-level text develops a more sophisticated approach to household economics, one that allows for multiple-income earners and shared decision-making. This approach is used to present a fundamentally new view of consumption. It then applies this to an analysis of tax systems, combining theoretical analysis of optimal taxation and tax reform with careful empirical study of the characteristics of income tax systems in four different countries: Australia, Germany, the UK and the USA. The book is particularly concerned with analysing, both theoretically and empirically, the impact of taxation on female labour supply, and identifying its effects on work incentives and fairness of income distribution. All this adds up to a fascinating new approach to the economics of household for researchers in both public and private sectors.
