It is shown that any completely preordered topological real algebra admits a continuous utility representation which is an algebra-homomorphism (i.e., it is linear and multiplicative). As an application of this result, we provide an algebraic characterization of the projective (dictatorial)...

This paper adopts a psycho-economic approach, based on the "Demonstration Effect" hypothesis, to analyze the effects that the presence of children has on the time devoted to elder care. We combine the approach of the Social Cognitive Theory and a three-generation altruism model. Using the 2003...

This paper studies the effects of different income transfers on individual welfare, in both marriage and divorce situations, and on family decisions. We assume three generations within the family. We develop a sequential game that, in a first stage, determines the optimum level of the transfer...

The growth in women's participation in the labor force has attracted attention to the gender differences in commuting behavior, and to their implications. This study analyses the relationship between individual commuting behavior and household responsibilities, with a focus on gender differences...

We analyze differences by gender in the time dedicated to total work (paid and unpaid) by families in Latin America, with particular attention to the effect of social norms. To this end, we use survey data on time use in Mexico (2009), Peru (2010), Ecuador (2012) and Colombia (2012), to estimate...

We analyze differences by gender in the time dedicated to total work (paid and unpaid) by families in Latin America, with particular attention to the effect of social norms. To this end, we use survey data on time use in Mexico (2009), Peru (2010), Ecuador (2012) and Colombia (2012), to estimate...

This paper analyzes differences in daily happiness between those individuals in the United States who perform voluntary activities during the day, and those who do not. Using the Well-Being Module of the American Time Use Survey 2010, we initially find that those who devote any time to voluntary...

We examine whether commuting time has any effect on worker labour supply, using the Dutch Time Use Surveys of 2000 and 2005. Our results show an inverted U-shaped relationship between commuting time and labour market supply of men and women, with a maximum reached at 3.22 hours of commuting per...

The evaluation of social programs constitutes an important aspect in the modeling of economic policies. On the basis that the measurement of well being through subjective measures provides a broader perspective than through objective economic variables, this paper first identifies the...

We analyse whether there is a causal relationship between planning suicide and marijuana use among US youths. To that end, we specify a simultaneous probability model which is estimated by maximum likelihood using the YRBS (1999 and 2001). We place emphasis on a number of socio-demographic risk...