How can economic theory explain the reasons why consumers adopt innovations? Using the example of innovations in washing machines two approaches are compared. The first focuses in the manner of household production theory on changes in constraints without specifying preferences, leading to the...

This paper uses data from the German Socio-economic Panel Study to examine the effect of personality traits on the formation and dissolution of domestic partnerships. Selection into marriage is associated with distinctly different personality profiles for men and women born before 1960,...