Showing 1 - 10 of 38
recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
Persistent link: https://www.econbiz.de/10005408289
This paper studies a married couple's dynamic investment and consumption choices under the assumption that the couple cannot commit across time not to renegotiate their decisions. The inefficiencies that can arise are characterized. Efficiency properties of different divorce asset- division...
Persistent link: https://www.econbiz.de/10005561826
This paper is the first of its kind to study utility interdependence in marriage using information on subjective well …
Persistent link: https://www.econbiz.de/10005076542
This paper empirically examines the life-time joint decision problem of marriage, childbearing, and labor force … generally insignificant. Utility gains and losses from marriage are significantly negative if one leaves out financial … of marriage and two children as a typical family unit is negative for women in the labor force. …
Persistent link: https://www.econbiz.de/10005125788
Transition countries hoping to join the European Union are in the process of introducing western-type anti-discrimination policies aimed at reducing the gender wage gap. The efficacy of these policies depends on the relative size of the gap's elements they target; therefore, it is important to...
Persistent link: https://www.econbiz.de/10005556832
CAPITAL ACCUMULATION HAS BEEN EMPHASISED AS THE MAJOR FACTOR GOVERING THE RATE OF DEVELOPMENT. THIS STUDY THEREFORE AIMS EXPLORING IN THE LIGHT OF PAST TRENDS, THE ROLE AND SCOPE OF COMMERCIAL BANKS AS FINANCIAL INTERMEDIARIES IN MOBILIZING DOMESTIC SAVINGS FOR DEVELOPMENT AND THE CONSTRAINTS IN...
Persistent link: https://www.econbiz.de/10005076971
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
Tipping is a multi-billion-dollar phenomenon that standard economic models find hard to explain. I discuss several aspects of tipping and divide tipping to six different categories: reward-tipping, price- tipping, tipping-in-advance, bribery-tipping, holiday-tipping and gift- tipping, and...
Persistent link: https://www.econbiz.de/10005134994
This paper introduces a psychological notion of categorization into economics and derives its implications for economic decision making. We show, using a tractable model of social cognition, that a decision maker in (efficiently) assigning past experiences to categories, will sort experiences of...
Persistent link: https://www.econbiz.de/10005135029
The article presents a theory that I denote “Relative Thinking Theory,” which claims that people consider relative differences and not only absolute differences when making various economics decisions, even in those cases where the rational model dictates that people should consider only...
Persistent link: https://www.econbiz.de/10005135074