for the cross- sections of consumption, wealth and income. …

consumer behavior is achieved through two distinct approaches: one of cardinal and the other of ordinal utility. The purpose of …

total life-time amount of consumption is fixed. The problem is studied separately for logarithmic and exponential utility …, and separately for non-myopic and myopic preferences. The sensitivity of utility to the degree of myopia critically …

), the unique optimal strategy of consumption and investment in European claims contingent on that variable is obtained from …

The social utility to be optimized is a generalized form of a preference depending additively on consumption at the … different dates of the planning period. The optimization b rattrirted to a set of admissible growth paths defined by production-investment-consumption …

influence of them on wages. In order to analyze the involvement of government expenses on consumption behavior an utility model …In this article, we will follow the involvement that the government has, through its expenses, on the consumption … behavior. The involvement that the government has in the consumption behavior is made through fees and taxes that are applied …

-human wealth and 2) an even more institutional theory of distribution demonstrating how the aforementioned institutions malignantly … was not a Ricardian when he penned his theories of wealth and distribution. They are based on a triple foundation. First …, a belief that economics is a moral discipline. Second a theory of custom-driven human behavior. Third, an empirically …

and economic policy. Yet, only a few studies have investigated the utility of health and wealth empirically. This paper …Tradeoffs between health and wealth are among the most important decisions individuals make, and are central to social … investigates this utility function both theoretically and empirically. We conduct detailed personal interviews with 180 cancer …