Similar Search Results

General Equilibrium with Multi-Member Households and Production

Gersbach, Hans; Haller, Hans - CESifo - 2011

We consider firms and multi-member households operating in a competitive market environment. Households are endowed with resources (commodity bundles) and shares of firm ownership. Household members are characterized by individual preferences, possibly with intra-household consumption...

Persistent link: https://www.econbiz.de/10009371337

Non-Parametric Preprocessing for the Estimation of Equivalence Scales

Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - CESifo - 2014

Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...

Persistent link: https://www.econbiz.de/10011096357

Competitive Markets, Collective Decisions and Group Formation

Gersbach, Hans; Haller, Hans - CESifo - 2003

We consider a general equilibrium model where groups operating in a competitive market environment can have several members and make efficient collective consumption decisions. Individuals have the option to leave the group and make it on their own or join another group. We study the effect of...

Persistent link: https://www.econbiz.de/10005766089

Bargaining Power and Equilibrium Consumption

Gersbach, Hans; Haller, Hans - CESifo - 2005

We examine how a shift of bargaining power within households operating in a competitive market environment affects equilibrium allocation and welfare. If price effects are sufficiently small, then typically an individual benefits from an increase of bargaining power, necessarily to the detriment...

Persistent link: https://www.econbiz.de/10005766162

A Public Good Version of the Collective Household Model: An Empirical Approach with an Application to British Household Data

Klaveren, Chris van; Praag, Bernard M.S. van; Brink, … - CESifo - 2008

production is influenced by family size, but this does not hold for the male; (5) Both the male and the female have a backward …

Persistent link: https://www.econbiz.de/10005406246

Social Preferences and Portfolio Choice

Riedl, Arno; Smeets, Paul - CESifo - 2013

We empirically investigate the effect of social preferences on portfolio choice. We use administrative investor data and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than (biased) risk-return expectations are predictive for...

Persistent link: https://www.econbiz.de/10010734704

Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments

Fischbacher, Urs; Gaechter, Simon - CESifo - 2008

We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals’ cooperation preferences in one experiment and use them – as well as subjects’ elicited beliefs – to explain contributions to a public good played repeatedly....

Persistent link: https://www.econbiz.de/10005765860

Economic Incentives and Social Preferences: A Preference-based Lucas Critique of Public Policy

Bowles, Samuel; Reyes, Sandra Polanía - CESifo - 2009

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

Persistent link: https://www.econbiz.de/10005029261

Pocketbook Voting and Social Preferences in Referenda

Meya, Johannes; Poutvaara, Panu; Schwager, Robert - CESifo - 2015

We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated...

Persistent link: https://www.econbiz.de/10011210405

Does Family Planning Reduce Infant Mortality? Evidence from Surveillance Data in Matlab, Bangladesh

van soest, arthur; Saha, U.R. - Tilburg University, Center for Economic Research - 2012

previous child, and the family’s gender composition. Birth spacing is driven by contraceptive use and other factors. We find …Abstract: Analyzing the effect of family planning on child survival remains an important issue but is not … straightforward because of several mechanisms linking family planning, birth intervals, total fertility, and child survival. This …

Persistent link: https://www.econbiz.de/10011090308