The direct "child costs" arising to private households could be seen as the additional income which would be necessary for families with (a growing number of) children to achieve in order to attain a similar level of welfare as is enjoyed by childless households. Using data from the 1999-2000...

The worldwide ASP market has not developed according to the forecasts of many market researchers. Asymmetric information, also known as quality uncertainty, has hardly been made the subject of discussion in the literature as a potential drawback for the successful development of the ASP market....