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Property law plays a crucial role in the ability of groups, especially ones composed of geographically-adjacent members, to establish and maintain significant forms of quot;communityquot; around a social, economic, or ideological shared interest. Property may also have, however, the opposite...
Persistent link: https://www.econbiz.de/10012766684
, normality of demand for the club good in full income, for the existence and uniqueness of a Nash equilbrium by the Cornes …
Persistent link: https://www.econbiz.de/10010548252
Urban congestion causes travel times to exhibit considerable variability, which leads to coordination problems when people have to meet. We analyze a game for the timing of a meeting between two players who must each complete a trip of random duration to reach the meeting, which does not begin...
Persistent link: https://www.econbiz.de/10010777032
In this paper, we develop a theoretical model of household production, bargaining and credit to analyse how access to microcredit affects intra-household decision-making and welfare, and identify conditions under which female household members are most likely to benefit. We show that, consistent...
Persistent link: https://www.econbiz.de/10010599685
We model a single-club-heterogeneous-consumer-exogeneous-income economy as an aggregative public good game. Under …
Persistent link: https://www.econbiz.de/10010580536
Urban congestion causes travel times to exhibit considerable variability, which leads to coordination problems when people have to meet. We analyze a game for the timing of a meeting between two players who must each complete a trip of random duration to reach the meeting, which does not begin...
Persistent link: https://www.econbiz.de/10011110915
December 1999 <p> This papers develops a theory of intergenerational exchange for generations that are either selfish or have non-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the relationship between them. A FIG is a...</p>
Persistent link: https://www.econbiz.de/10005623818
transfers are compensatory and that the family as an institution serves as an “income equalizer.” Within a sequential game … framework, we characterize the endogeneity of parental transfers and link it to parents' income, altruism, and children's supply …
Persistent link: https://www.econbiz.de/10005436125
marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility …
Persistent link: https://www.econbiz.de/10005763588
This article focuses on how dual-income heterosexual couples make financial decisions. Dual-income households have …
Persistent link: https://www.econbiz.de/10005141168