The main purpose of this paper is to study the economic behavior of migrants under uncertainty . We show , in …

The social utility to be optimized is a generalized form of a preference depending additively on consumption at the … different dates of the planning period. The optimization b rattrirted to a set of admissible growth paths defined by production-investment-consumption …

In this paper I examine the implications of self-attribution bias on consumption and savings decisions. When self … changes in consumption and changes in income. No other factor on its own has been able to explain both of these empirical …

arrangements in protecting household consumption from idiosyncratic income shocks. We focus on the effects of reported harvest … shocks and of estimated shocks to agricultural revenues on adult equivalent consumption. The full-insurance allocation is … unfavorable events stabilize their consumption level below the village aggregate level, irrespective of the level of realized …

-quadratic-Gaussian (LQG) setting. We first discuss how RI affects consumption smoothness and sensitivity, precautionary savings, asset pricing …

commercialization of agricultural and food (agrifood) nanotechnology that may limit its full potential, including uncertainty about …