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This paper analyzes one of the causes of the current gender-unbalanced situation in the labor market: the discrimination that individuals face at work due to their commitment to unpaid care work. It aims at finding mechanisms that may induce a change from the current unbalanced situation to a...
Persistent link: https://www.econbiz.de/10014636014
Decision theory can be used to test the logic of decision making - one may ask whether a given set of decisions can be justified by a decision-theoretic model. Indeed, in principal-agent settings, such justifications may be required - a manager of an investment fund may be asked what beliefs she...
Persistent link: https://www.econbiz.de/10013273754
We propose a new category of consumption goods, memorable goods, that generate a utility flow even after physical consumption. Empirically, memorable goods expenditures exhibit frequent zero monthly purchases and lumpy expenditure spikes. Memorable goods expenditures are 20% the size of...
Persistent link: https://www.econbiz.de/10012316338