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Paternal uncertainty and the economics of mating, marriage, and parental investment in children
Bethmann, Dirk (contributor); Kvasnicka, Michael (contributor) - 2005
recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
Persistent link: https://www.econbiz.de/10003323030
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On the origin of the family
Francesconi, Marco; Ghiglino, Christian; Perry, Motty - 2010
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10003913974
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On the origin of the family
Francesconi, Marco; Ghiglino, Christian; Perry, Motty - 2009
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10003926735
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On the Origin of the Family
Francesconi, Marco - 2009
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10013153016
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RINCE Preferences : A Comment
Waki, Yuichiro - 2020
Farmer (1990, The Quarterly Journal of Economics, Volume 105, Issue 1, Pages 43–60, DOI/10.2307/2937818) formulated the Risk Neutral Constant Elasticity (RINCE) preferences and obtained a closed-form solution in the presence of idiosyncratic risk for income and investment return. His solution,...
Persistent link: https://www.econbiz.de/10012842258
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The Role of Informational Uncertainty in the Decision to Strategically Default
Seiler, Michael - 2014
This study identifies a severe gap between the financial backlash borrowers believe awaits them after strategic mortgage default and the reality that lenders rarely pursue deficiency judgments. This, coupled with the social norm finding that borrowers widely view strategic default as immoral,...
Persistent link: https://www.econbiz.de/10013051040
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Financial Decision-Making Power and Risk Taking
Phung, Trang T.M - 2022
We find that financial decision-making power per se is significant in explaining individuals’ objective risk …-taking behavior and subjective risk attitude. More importantly, we show that this decision power attenuates the correlation between … subjective risk attitude and objective risk taking. These results are significant in understanding the important role of decision …
Persistent link: https://www.econbiz.de/10013405363
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The Risk of Divorce and Household Saving Behavior
Gonzalez, Libertad; Özcan, Berkay - 2021
We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a theoretical perspective, the expected sign of the effect is ambiguous. We take advantage of the legalization of divorce in Ireland in 1996 as an exogenous increase in the likelihood of...
Persistent link: https://www.econbiz.de/10013324944
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On the origin of the family
Francesconi, Marco; Ghiglino, Christian; Perry, Motty - 2009
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10010269437
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An Empirical Analysis of Health Shocks and Informal Risk Sharing Networks
Woldemichael, Andinet - 2017
Using panel household survey data from rural Ethiopia, we investigate informal risk sharing against health shocks in the presence of multiple risk sharing networks. We find that neither short-term nor long-term health shocks are insured through transfers from networks such as friends, neighbors,...
Persistent link: https://www.econbiz.de/10012941553