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Competition in Retailing : One Stop Shopping.

Smith, H; Hay, D - Department of Economics, Oxford University - 1997

Competition between hopping centres, which may take the form of supermarkets (or hypermarkets), shopping malls or high streets, is emplored in a model in which the consumers' choice of centre is determined by the utility available from visiting different centres, based on the range of products...

Persistent link: https://www.econbiz.de/10005047975

Optimal Irrational Behavior

Feigenbaum, James; Caliendo, Frank N.; Gahramanov, Emin - Deakin University, Faculty of Business and Law, School … - 2009

Contrary to the usual presumption that welfare is maximized if consumers behave rationally, we show in a two-period overlapping generations model that there always exists a rule of thumb that can weakly improve upon the lifecycle/permanent-income rule in general equilibrium with irrational...

Persistent link: https://www.econbiz.de/10005038425

Kinky Choices, Dictators and Split Might: A Non-Cooperative Model for Household Consumption and Labor Supply

Boone, Jan; van der Wiel, Karen; Vermeulen, Frederic - C.E.P.R. Discussion Papers - 2009

on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

Persistent link: https://www.econbiz.de/10005039583

Consumption Patterns over Pay Periods

Lanot, Gauthier; Kelly, Clare - Centre for Economic Research, School of Economics and … - 2002

periodically but make consumption decisions on a more frequent basis. The model incorporates price uncertainty and imperfect credit … markets. The simulated numerical solution to this model shows that weekly consumption functions are ordered such that the …

Persistent link: https://www.econbiz.de/10005181776

Econometric Modeling of Differential Durable Goods Markets: an Application to Telephone.

Foncel, J.; Ivaldi, M. - Groupe de Recherche en Économie Mathématique et … - 1999

As the structure of consumer preferences plays a crucial role in the analysis of differentiated product markets, estimation of demand systems is a sensitive task. This paper contributes to this project in two ways. First, we develop a method to deal with the simultaneous choice of an equipment...

Persistent link: https://www.econbiz.de/10005486544

Consumer Confidence and Consumer Spending in France.

Belessiotis, T. - Directorate-General Economic and Financial Affairs, … - 1996

Over much of the period since the late 1970s consumer confidence in France according to the consumer surveys prepared by the Commision, has generally been weak, with the balance between those consumers responding positively and those responding negatively to the questionaire, in percentage...

Persistent link: https://www.econbiz.de/10005486893

The Store-of-Value-Function of Money as a Component of Household Risk Management

Groessl, Ingrid; Fritsche, Ulrich - Fachbereich Sozialökonomie, Universität Hamburg - 2006

's desire to tilt, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the …

Persistent link: https://www.econbiz.de/10005464598

Consumption Over the Life Cycle: Theory and Empirical Regularities

Kankaanranta, Paivi - Taloustieteen laitos, Turun Kauppakorkeakoulu - 2006

Simple life cycle and permanent income hypotheses imply that changes in consumption should be unforecastable. Rational … forward-looking agents ought to smooth consumption over the life cycle and exhaust the asset stock accumulated during the … of literature focuses particularly on the life cycle issues of consumption behaviour. …

Persistent link: https://www.econbiz.de/10005523740

Shocks, stocks and socks: smoothing consumption over a temporary income loss

Browning, Martin; Crossley, Thomas F. - Centre for Applied Microeconometrics (CAM), Økonomisk … - 2004

Recent research has demonstrated that some households cut back on expenditures in an unemployment spell. Moreover, some of these households respond to variation in the transitory income provided by unemployment insurance benefits. This suggests that these households are constrained in the sense...

Persistent link: https://www.econbiz.de/10005543448

Modelling Consumer Transport Demand and Sustainable Development

KRATENA, K; WÜGER, M. - In: Estudios de Economía Aplicada 21 (2003) Agosto, pp. 243-258

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