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This paper explores the workings of stratified societies in which there is primogeniture and where the nobility practice monogamous marriage with a double standard of sexual fidelity. We model a simple stratified society and define the reproductive values of the male and female nobility relative...
Persistent link: https://www.econbiz.de/10005794273
This paper presents a theoretical model of political support for the public provision of day care. In an economy where there are high taxes on wage income, selfish taxpayers with no children in the day care system may favor substantial public subsidies to day care because such subsidies induce...
Persistent link: https://www.econbiz.de/10005794275
About 80\% of all societies recorded by anthropologists are polygynous (men have many wives). Even our own society is less monogamous than claimed. This paper attempts to explain such mysteries as why bride prices and dowries are not ``opposites'', why polygamous societies are usually...
Persistent link: https://www.econbiz.de/10005794276
This paper devises and applies a statistical test for efficient provision of local public education. The test is based on the ``Samuelson condition'' of equality between the sum of marginal rates of substitution and marginal cost. The econometric method is a micro-based approach to the...
Persistent link: https://www.econbiz.de/10005794277
The first section of this review explores the theory of household technology and the associated possibilities for distributiing utility among household members. The second section concerns decision theory within the household. This discussion draws on standard consumer decision theory. The third...
Persistent link: https://www.econbiz.de/10005794278
This is a survey of theoretical work (and some empirical work) related to the economics of the family. It was written for the forthcoming Handbook in Population Theory and was substantially revised in June 1994.
Persistent link: https://www.econbiz.de/10005556792
Persistent link: https://www.econbiz.de/10005560884
This paper discusses the economics of academic journal publishing. It presents data on pricing of journals to libraries by non-profit and commercial publishers. It advocates the view that scholars should refrain from doing free refereeing for overpriced journals.
Persistent link: https://www.econbiz.de/10005561793
Edward Chamberlin, who initiated classroom market experiments, used the results of these experiments to argue that competitive equilibrium performs poorly in explaining the outcomes of real markets. Vernon Smith altered the design of Chamberlin's experiment to increase the amount of price...
Persistent link: https://www.econbiz.de/10005125588
Edward Chamberlin conjectured that the number of trades in realistic trading systems is likely to exceed that predicted by competitive equilibrium theory. He supported this conjecture by data from a large number of classroom experiments and with a plausible argument based on a numerical example....
Persistent link: https://www.econbiz.de/10005125592