In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …

time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male; (2) Leisure, total household production and total household production interacted with family size are important …

In this paper we consider an empirical collective household model of time allocation for twoearnerhouseholds. The … equally weighted in the household utility function; (3)Differences in the ratio of the partners' hourly wages are explanatory … for how individualutilities are weighted in the household utility function. (4) The female's preference forhousehold …

establishedeconomic theory. We incorporate this model in a model forpurchase behavior. Our consumption specification, which isderived from …

they really love to have. While inconsistent with standard microeconomic demand theory, this behavior can be explained by … giver induces narrow bracketing in case the giver is a household member who suggests to buy a particular item using the …

We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand …

explanatory factors used in themeta-analysis includes variables derived from microeconomic choice theory and moderator variables …

paper contrasts the discovered preference hypothesis against the theory of coherent arbitrariness in a split-sample stated … limited flexibility, accepts the standard assumption underlying microeconomic theory of stable preference parameters …