Showing 1 - 10 of 311
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
'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
This article examines the potential risks on consumption behavior of lumpsum payments. As a pension, lump-sum payments … could be consumed too fast and generate an increase of poverty rates. We experimentally investigate consumption behavior in … an inter-temporal decision-making setting. Subjects make consumption and saving decisions in an environment with two …
Persistent link: https://www.econbiz.de/10011650276
This article analyzes the causes of economic growth. The authors revise social influences on the maintenance of economic expansion rates as a cause and effect together with maintaining the balance between aggregate demand and supply. They also give the main factors which give an impulse to a...
Persistent link: https://www.econbiz.de/10011984755
Clustering. In the paper, the structure and changes in health expenses were presented according to the types of expenditures over …
Persistent link: https://www.econbiz.de/10011923170
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … account for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks …
Persistent link: https://www.econbiz.de/10012587858
A dynamic model of the product lifecycle of (nearly) homogeneous durables in polypoly markets is established. It describes the concurrent evolution of the unit sales and price of durable goods. The theory is based on the idea that the sales dynamics is determined by a meeting process of demanded...
Persistent link: https://www.econbiz.de/10011327884
A dynamic microeconomic model is presented that establishes the price and unit sales evolution of heterogeneous goods consisting of successive homogenous product generations. It suggests that for a fast growing supply the mean price of the generations are governed by a logistic decline towards a...
Persistent link: https://www.econbiz.de/10011331418
honoured "for his analysis of consumption, poverty, and welfare". In fact, Angus Deaton is a scientist who has shaped the …
Persistent link: https://www.econbiz.de/10011404820
We address the following question: When can one person properly be said to be more delay averse than another? In reply, several (nested) comparison methods are developed. These methods yield a theory of delay aversion which parallels that of risk aversion. The applied strength of this theory is...
Persistent link: https://www.econbiz.de/10011599383