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We develop a method to fi nd approximate solutions, and their accuracy, to consumption-investment problems with … consumption of the original incomplete market, and their optimal policies are explicit in typical models. Approximate consumption …
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surveys that try to measure expenditures on a comprehensive consumption aggregate. This paper investigates the use of … consumption "sub-aggregates" instead. The use of consumption sub-aggregates is theoretically justified if and only if all the … consumption measures remains an unmet challenge …
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Consumption decisions are partly influenced by values and ideologies. Consumers care about global warming, child labor …, fair trade, etc. Incorporating values into the consumer’s utility function will often violate monotonicity, if consumption …
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the sociology of culture and consumption. Campbell made a major contribution to the development of this field and he has a … understand consumer culture. Containing a brand new expansive essay reflecting on consumption in the age of a pandemic and …, this synthesis will be an invaluable resource for students and researchers of consumption, consumer and cultural sociology. …
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