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Although most theoretical models of household decision making assume perfect information, empirical studies suggest that information asymmetries can have large impacts on resource allocation. I demonstrate the importance of these asymmetries in transnational households, where physical distance...
Persistent link: https://www.econbiz.de/10011118210
Although most theoretical models of household decisionmaking assume perfect information, empirical studies suggest that information asymmetries can have large impacts on resource allocation. In this study, I demonstrate the importance of these asymmetries in transnational households, where...
Persistent link: https://www.econbiz.de/10011132733