Showing 1 - 10 of 23,040
's understanding of investors' behaviour that can be fruitfully extended to consumption theory, in a context in which consumers are …
Persistent link: https://www.econbiz.de/10012252181
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we …
Persistent link: https://www.econbiz.de/10011603327
, intertemporal lifecycle consumption optimization problem and the effect of revealing social information on past average consumption … in solving for the optimal consumption path. Instead, we find that the provision of social information on past average … levels of consumption results in a greater deviation of consumption from both the unconditional and the conditionally optimal …
Persistent link: https://www.econbiz.de/10010930942
practice and on the political one is the issue of consumption and consumer behaviour. As social practice and experience, the … origin and core of consumption is connected to the existence of life itself, consumption being a process linking not only the … this paper we analyse the impact of the personal factors upon the purchasing and consumption behaviour in the town of …
Persistent link: https://www.econbiz.de/10010936388
modelling and empirical analysis of sustainable structures in private consumption and strives to extend conventional economic … consumption models. Starting point for the model analysis of sustainable consumption of energy for transport purposes was the … (transport systems) and flows (mainly energy). Sustainable consumption patterns can arise, when within service demand production …
Persistent link: https://www.econbiz.de/10005736982
This study finds some evidence of a modification in the structure of expenditure by Italian households between the seventies and the eighties with regard to income elasticities. Both “functional” and “durability” disaggregations are used. The first shows a modification in the standard of...
Persistent link: https://www.econbiz.de/10008479093
Consumers act in housing in a way that disposable income is allocated to current consumption or for savings and future … consumer needs. In many countries, household consumption is studied by analyzing family budgets. Household income is the main … source of cover for public need of consumption. In this paper we analyzed the level, dynamics and structure of income and …
Persistent link: https://www.econbiz.de/10009643022
A multiplicative form of the habit term in the utility function has some undesirable properties if the habit function is itself still additive (Wendner, 2003). A geometric form for the way the stock of habit accumulates can resolve these shortcomings.
Persistent link: https://www.econbiz.de/10010572157
In this article, we will follow the involvement that the government has, through its expenses, on the consumption … behavior. The involvement that the government has in the consumption behavior is made through fees and taxes that are applied … influence of them on wages. In order to analyze the involvement of government expenses on consumption behavior an utility model …
Persistent link: https://www.econbiz.de/10008853281
pecuniary externalities. Absent institutional constraints like prices and budgets, the optimal consumption rule would have … annuitize, the growth rate of marginal utility will be the discount rate minus the interest rate, resulting in a consumption … profile that is too flat. Accidental bequests transfer wealth from the old to the young, steepening the consumption profile …
Persistent link: https://www.econbiz.de/10010702935