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Do individuals marry and divorce for economic reasons? Can we measure the economic attractiveness of a person's marriage market? We answer these questions using a structural model of consumer‐producer households that is applied to rich data from Malawi. Using revealed preference conditions for...
Persistent link: https://www.econbiz.de/10012637236
We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others' consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary terms....
Persistent link: https://www.econbiz.de/10011995510
Do individuals marry and divorce for economic reasons? Can we measure the economic attractiveness of a person's marriage market? We answer these questions using a structural model of consumer-producer households that is applied to rich data from Malawi. Using revealed preference conditions for a...
Persistent link: https://www.econbiz.de/10013189736