In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...

In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...

In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...

The increasing impact of natural disasters (floods, earthquakes, landslides, and avalanches) in Afghanistan, notably flooding and similar climate shocks, poses a growing concern as vulnerability to climate change intensifies the potential severity of these impacts in future. This paper uses two...

The increasing impact of natural disasters (floods, earthquakes, landslides, and avalanches) in Afghanistan, notably flooding and similar climate shocks, poses a growing concern as vulnerability to climate change intensifies the potential severity of these impacts in future. This paper uses two...

This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to suggest that the literature's neglect of Samuelson's...

With numerous challenges hindering smallholders' adoption of externally developed technologies, it is often argued that farmer innovation can play an essential role in rural livelihoods. Yet a rigorous assessment of the impact of farmer innovation is lacking. We address this issue by analyzing...

With numerous challenges hindering smallholders’ adoption of externally developed technologies, it is often argued that farmer innovation can play an essential role in rural livelihoods. Yet a rigorous assessment of the impact of farmer innovation is lacking. We address this issue by analyzing...

Diversification of household activities away from agriculture is a key characteristic of economic development. We examine the extent of diversification among Vietnamese households, from agriculture into waged employment and entrepreneurship and whether this diversification is welfare enhancing....

Diversification of household activities away from agriculture is a key characteristic of economic development. We examine the extent of diversification among Vietnamese households, from agriculture into waged employment and entrepreneurship and whether this diversification is welfare enhancing....