Process benefit scores indicates that time with own children is preferred before all other activities, closely followed by market work. The trade-off between parents time with their own kids and market work, and its dependence on out-of-home day-care is analyzed in a simultaneous equation...

Process benefit scores indicates that time with own children is preferred before all other activities, closely followed by market work. The trade-off between parents' time with their own kids and market work, and its dependence on out-of-home day-care is analyzed in a simultaneous equation...

This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to suggest that the literature's neglect of Samuelson's...