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Persistent link: https://www.econbiz.de/10008575438
The aim of this paper is to propose an analytical framework, wherein the individuals' choice problem is addressed in terms of alternative time‐consuming activities rather than in terms of alternative bundles of goods and services. In particular, the paper reverses Becker's (1965) proposal to...
Persistent link: https://www.econbiz.de/10011260399
) to the impact of consumption theory on the postmodern consumer (Bouagina, 2014) and the relationship between visual …
Persistent link: https://www.econbiz.de/10010801044
Consumption theory has always been a neglected field in post-Keynesian economics, whereas it is at the center of New … importance for consumption theory of an adequate treatment of risk and uncertainty on the one hand, and the role of social norms …
Persistent link: https://www.econbiz.de/10011133337
essential role in economic theory. Although consumption was approached by economists prior to Keynes, it is only in his work … patterns. The notion is certainly easy to assimilate at an intuitive level, it is present in the economic theory, and may be …
Persistent link: https://www.econbiz.de/10010632240
In this paper we examine the to-date relevance of Duesenberry´sConsumption Theory through an applied case to four … empiricalevidence of Duesenberry´s theory still holds and should not bediscarded in modern macroeconomics as it has happened in …
Persistent link: https://www.econbiz.de/10008527502
The aim of the paper is to evaluate the relationship between consumers’ climate and consumption, looking – respectively – at income-based indicators of confidence and at consumption expenditures disaggregated by durability. We find that confidence significantly contributes explaining...
Persistent link: https://www.econbiz.de/10005449470
clear message arises from this handbook: there is no single consumption theory that can explain consumption behaviour in all …
Persistent link: https://www.econbiz.de/10005281264
Consumption theory has always been a neglected eld in Post Keynesian economics, whereas it is at the center of New …, still remain. Building on insights from Economic Sociology and Behavioral Economics, the importance for consumption theory …
Persistent link: https://www.econbiz.de/10005041945
Within this paper, we present the GridEcon Platform, a testbed for designing and evaluating economics-aware services in a commercial Cloud computing setting. The Platform is based on the idea that the exact working of such services is difficult to predict in the context of a market and,...
Persistent link: https://www.econbiz.de/10008511413