To analyze the opioid epidemic, we construct a model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and dying. These odds are functions of opioid use. Markov chains are estimated from the US data for the college and non–college...

The purpose of the study is to investigate the integration of the relative cost of children to parents and of economies of scales in the context of the evaluation of household welfare. Results derived with empirically-estimated scales show that households headed by women are poorer than those...

This paper offers a micro-founded general definition of poverty set in the context of utility theory. Poverty and non-poverty are described as two structurally different types of local non-satiation: the former entails a strong need for further consumption and social marginalization, the latter...

1. CRUSHED FLOWER Form my personal associations, I found that Shrimathi Indira Gandhi had a special affinity to the Rose, particularly the dark-pink variety. This, probably she inherited from her father, late Shri. Jawaharlal Nehru, the Freedom Fighter, one of the founders of the Indian National...

The customer value in terms of satisfaction is one of the indicators for building profit oriented strategies in a firm. The customer value concepts may be applied by the firms to evaluate the product performance in the given market and determine the approach for competitive advantage. The...

I study how individual preferences and bargaining power within couples affects the impact of the Supplemental Nutrition Assistance Program (SNAP). Using longitudinal Homescan data, I find that wives have stronger preferences for SNAP-eligible food than husbands, and that household demand...

There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....

We apply an extension of the Rothbarth approach to estimate the share of household resources accruing to children (i.e., the cost of children) in Ireland. The method also allows us to identify the economies of scale in the household and indifference scales in Lewbel (2003)'s sense. A practical...

It is widely held that under ordinal utility, utility differences are ill-defined. Allegedly, for these to be well-defined (without turning to choice under risk or the like), one should adopt as a new kind of primitive quaternary relations, instead of the traditional binary relations underlying...

Welfare analyses conducted by policy practitioners around the world usually rely on equivalized or per-capita expenditures and ignore the extent of within-household inequality. Recent advances in the estimation of collective models suggest ways to retrieve the complete sharing process within...