Showing 1 - 10 of 11
Abstract We investigate the relationship between centralized and decentralized collective demand models applied to consumption within a household with multiple individuals. The centralized program is described by a Bergsonian representation of the household utility function and a household...
Persistent link: https://www.econbiz.de/10011240630
We examine the properties ensuring that individual expenditure functions, derived within the context of the collective household model, are legitimate individual cost functions. Our curvature results are important for the characterization of collective demand functions as well and for the...
Persistent link: https://www.econbiz.de/10010700767
The data relating to the distribution of income and wealth (ISEE- Equivalent Economic Situation Indicator) in Italy are not available to the scientific community. This makes difficult the possibility of performing simulations of hypothetical reforms. In this paper, we show how to reconstruct the...
Persistent link: https://www.econbiz.de/10010765428
We use a unique dataset from Italy to investigate the impact of socioeconomic characteristics and social capital on family wellbeing and satisfaction. We assess wellbeing using four dimensions of satisfaction with family life: satisfaction with decision making processes, with relationships with...
Persistent link: https://www.econbiz.de/10010857810
This study investigates the extent to which individuals care about the social inclusion of children involved in antisocial activities and crimes, and what factors affect their preferences for the rehabilitation programs of juvenile offenders. Our analysis is based on a contingent valuation...
Persistent link: https://www.econbiz.de/10010857815
Traditional recreation demand models do not make a distinction between a household and an individual as the reference decision-making unit, thus assuming that a family maximizes a single utility function, even if it consists of different individuals. Such models ignore the possibility of family...
Persistent link: https://www.econbiz.de/10010709832
This study develops a household enterprise model extended to encompass recent advances in collective theory. We use a simulation model, in which production and consumption-leisure choices are represented along with the rule governing intra-household resource allocation, to analyze the income and...
Persistent link: https://www.econbiz.de/10010709834
We study the university choice of prospective students using a unique dataset enriched with “lab-in-the-field” experiments aimed at eliciting risk and time preferences of students. Controlling for assortative mating, we find that father's rather than mother's education is significantly...
Persistent link: https://www.econbiz.de/10011186340
Persistent link: https://www.econbiz.de/10010614495
The paper estimates the cost of maintaining a child, of different ages, the cost of being a single and the cost of additional adults present in a family with the aim of making the income levels of different households comparable. The study investigates the issue of econometric identification of...
Persistent link: https://www.econbiz.de/10008477158