, intertemporal lifecycle consumption optimization problem and the effect of revealing social information on past average consumption … in solving for the optimal consumption path. Instead, we find that the provision of social information on past average … levels of consumption results in a greater deviation of consumption from both the unconditional and the conditionally optimal …

on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

modelling and empirical analysis of sustainable structures in private consumption and strives to extend conventional economic … consumption models. Starting point for the model analysis of sustainable consumption of energy for transport purposes was the … (transport systems) and flows (mainly energy). Sustainable consumption patterns can arise, when within service demand production …

pecuniary externalities. Absent institutional constraints like prices and budgets, the optimal consumption rule would have … annuitize, the growth rate of marginal utility will be the discount rate minus the interest rate, resulting in a consumption … profile that is too flat. Accidental bequests transfer wealth from the old to the young, steepening the consumption profile …

flexibly adjusting savings to income variations as assumed by the Permanent Income Hypothesis (PIH). Fixed amount saving … behaviour could thus imply a challenge to PIH-based standard models of consumption if it meant that a substantial share of … consumption to predictable income changes observed in Germany. -- Fixed Amounts Saving ; Permanent Income Hypothesis ; Consumption …

comparison effect, decrease subsequent demand. This tension is particularly important for the distribution of health products in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or …