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The birth of children often shifts the power balance within a family. If family decisions are made according to the … spouses' welfare function, this shift in power may lead to a time consistency problem. The allocation of resources after the …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for …
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The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
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The classical Uncertainty of Outcome Hypothesis (UOH) informs economists' understanding consumer decisions to attend sporting events and models of team revenue generation. Coates, Humphreys and Zhou (2014) developed a reference dependent preference based consumer choice model under uncertainty...
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decide upon the allocation of an unpaid task serving as our proxy for housework. In our gender neutral lab, we find tax …-effects only on men’s labor supply but not on women’s and no gender differences in the allocation of housework. Instead, the … overcome the gender neutral lab. …
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