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We characterize optimal consumption policies in a recursive intertemporal utility framework with local substitution. We …
Persistent link: https://www.econbiz.de/10013445441
Persistent link: https://www.econbiz.de/10015188962
Fluctuations in income and population are imperative elements for changing the structure of food demand. In perspective of the significance of food demand examination for provinces of Pakistan, thisstudy investigatesthe demand elasticities and household consumption behaviour both at the...
Persistent link: https://www.econbiz.de/10012814276
We construct a peer effects model where mean expenditures of consumers in one's peer group affect utility through … increases perceived needs, and thereby reduces one's utility, by the equivalent of a 0.25 rupee decrease in one's own …
Persistent link: https://www.econbiz.de/10013382077
In this paper a new consumption function is derived based on savings motive hypothesis (SMH). The major theory behind the SMH is that households save part of their income in period 1 and transfer it to period 2. Implying that consumption in period 1 is the addition of autonomous consumption and...
Persistent link: https://www.econbiz.de/10013382408
Water utilities strive to achieve a sustainable reduction in per capita consumption (PCC) by optimising their peak demand management strategies. Socioeconomic (SE) and socio-demographic (SD) characteristics have been proven to correlate with PCC. However, the full extent to which these...
Persistent link: https://www.econbiz.de/10014516331
Human behaviour is at the centre of unsustainable consumption and production. Responsible consumption behaviours must therefore be at the centre of the solution. However, because it is inefficient for policymakers and practitioners, and ineffective for users, to attempt to target all responsible...
Persistent link: https://www.econbiz.de/10014519214
This paper explores the implications of consumption heterogeneity between domestic and foreign investors on the cross-section of stock returns in a host country. We argue that foreign investors in a small open economy integrated into global financial markets may face consumption risk, which...
Persistent link: https://www.econbiz.de/10014285265
The quest for social status is usually considered one of the main drivers of the demand for consumer credit. This article provides a nuanced take on consumer credit by exploring the interaction between consumption, borrowing, and class identity. To do so I pursue a cultural class analysis...
Persistent link: https://www.econbiz.de/10014285386
Chicken eggs are a staple food widely consumed directly or indirectly (as an ingredient in other food items) in Saudi Arabia. Due to the importance of eggs in Saudi consumers' diet, this study aimed to determine the sociodemographic factors affecting Saudi consumer demand for eggs and how...
Persistent link: https://www.econbiz.de/10015073894