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Choi, Hak - 2015

This paper disproves Hick's compensation principle. It shows that compensation is wilful and wrong. Compensation, like intervention, is non-economics. Instead, this paper suggests using one of the products as input to produce another as output, for profit

Persistent link: https://www.econbiz.de/10013015002

Rules, Preferences and Evolution from the Family Angle

Cigno, Alessandro - 2021

This paper reviews the literature concerning the evolution of cultural traits in general and preferences in particular … effectively the clone of an existing one (either a parent or anyone else), there may be evolution only in the demographic sense … that the share of the population who hold a certain trait increases or decreases. Evolution in the strict sense of new …

Persistent link: https://www.econbiz.de/10013216769

Career paths with a two-body problem: occupational specialization and geographic mobility

Rueda, Valeria; Wilemme, Guillaume - 2021

We develop a model of joint job search and occupational choice in which job opportunities can be incompatible inside the couple. Typically, incompatibilities may arise because jobs are not in the same location. We show that the existence of incompatible jobs pushes some couples to sacrifice the...

Persistent link: https://www.econbiz.de/10012498248

Decision-making within the household : the role of autonomy and differences in preferences

Alem, Yonas; Hassen, Sied; Köhlin, Gunnar - 2020

We use a field experiment to identify how differences in preferences and autonomy in decision-making result in low willingness-to-pay (WTP) for technologies that can benefit all members of the household. We create income earning opportunities to empower households and elicit their WTP for fuel,...

Persistent link: https://www.econbiz.de/10012320215

Beauty is a Beast, Frog is a Prince : Assortative Matching with Nontransferabilities

Legros, Patrick; Newman, Andrew F. - 2012

We present sufficient conditions for monotone matching in environments where utility is not fully transferable between … study some models of risk sharing and incentive problems, deriving new results for predicted matching patterns in those …

Persistent link: https://www.econbiz.de/10014171393

Peer Effects and the Promise of Social Mobility : A Model of Human Capital Investment

Bidner, Chris - 2010

I analyze a model of human capital development in the presence of peer effects. Parents invest in their child, and this investment conveys a positive externality upon the child’s peers. Parents also acquire wealth, which i) finances consumption, and ii) determines a child’s peer group. I...

Persistent link: https://www.econbiz.de/10014197243

Endogenous heterogeneous gender norms and the distribution of paid and unpaid work in an intra-household bargaining model

Hager, Theresa; Mellacher, Patrick; Rath, Magdalena - 2023

We study the impact of gender norms on the distribution of paid and unpaid labor between women and men in an intra-household bargaining model featuring endogenous social norms. In contrast to the previous literature, which assumes a homogeneous social norm, agents are connected via explicitly...

Persistent link: https://www.econbiz.de/10014314080

The endogenous grid method without analytical inverse marginal utility

Hallengreen, Adam; Jørgensen, Thomas H.; Olesen, … - 2024

The computational time required to solve and estimate dynamic economic models is one of the main constraints in empirical research. The Endogenous Grid Method (EGM) proposed by Carroll (2006) is known to offer impressive speed gains over more traditional stochastic dynamic programming methods,...

Persistent link: https://www.econbiz.de/10014529535

Gender Discrimination and Efficiency in Marriage: the Bargaining Family under Scrutiny.

Rainer, Helmut - Centre for Research into Industry, Enterprise, Finance … - 2005

This paper criticizes the view that discrimination limits the disadvantaged sex to undertaking housework and thus ensures that gains from specialization at the household level are not wasted. Our framework gives attention to causal links between labor market discrimination and the strategic...

Persistent link: https://www.econbiz.de/10005671104

Microfinance and Gender Empowerment

Ngo, Thi Minh-Phuong; Wahhaj, Zaki - Volkswirtschaftliche Fakultät, … - 2008

In the past 30 years, microfinance has carried many promises of social and economic transformation, with the shift towards targeting women being seen as a major strategic move through which the promise of social development could be most effectively delivered. However, ethnographic studies have...

Persistent link: https://www.econbiz.de/10005836908