Der Autor versucht wirtschafftwissenschaftliches Denken auf unseren Alltag anzuwenden, um zu verstehen, warum Menschen bestimmte Dinge tun und was ihnen als nächstes einfällt. Er möchte den verborgenen Plan enthüllen, der dem menschlichen Verhalten unterliegt. Gleichzeitig versucht Friedmann...

We propose a new explanation for differences and changes in labor supply by gender and marital status, and in particular for the increase in married women's labor supply over time. We argue that this increase as well as the relative constancy of other groups' hours are optimal reactions to...

We propose a new explanation for differences and changes in labor supply by gender and marital status, and in particular for the increase in married women's labor supply over time. We argue that this increase as well as the relative constancy of other groups' hours are optimal reactions to...

Most econometric models of intrahousehold behavior assume that household decision-making is efficient, i.e., utility realizations lie on the Pareto frontier. In this paper we investigate this claim by adding a number of participation constraints to the household allocation problem. Short-run...