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Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary … theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much …
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This study examines the relationship between the access to homebuyer credits and housing satisfaction among those buying affordable apartments, using a sample of 1,000 respondents from our own survey in 2016 in Hanoi, Da Nang and Ho Chi Minh Cities. Our regression analysis reveals the education...
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's common restrictions on the curvature of the decision-makers utility function can dramatically bias the altruism parameter. We … show that this is particularly problematic when comparing altruism between groups with well-documented differences in risk …
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The literature suggests that the household invests in the human capital of a child member not only for altruistic reasons but also as insurance against future income shocks. Hence, the allocation of the child's time between school and work is a function of the risk preference of the household...
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