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We develop and test a simple model of limited attention in intertemporal choice. The model posits that individuals fully attend to consumption in all periods but fail to attend to some future lumpy expenditure opportunities. This asymmetry generates some predictions that overlap with models of...
Persistent link: https://www.econbiz.de/10008599380
This paper documents how the structure of extended family networks in rural Mexico relates to the poverty and inequality of the village of residence. Using the Hispanic naming convention, within-village extended family networks in 504 poor rural villages are constructed. Family networks are...
Persistent link: https://www.econbiz.de/10008512432
In this paper family networks affecting informal insurance and investment is being studied. Panel data from the randomized evaluation of PROGRESA in rural Mexico and the information on surnames of household heads and their spouses to identify extended families have been used. Members of an...
Persistent link: https://www.econbiz.de/10008465662
A simple theory is developed which formally describes how charities can resolve the information asymmetry problems faced by small donors by working with large donors to generate quality signals. To test the model, two large-scale natural field experiments were conducted. In the first experiment,...
Persistent link: https://www.econbiz.de/10011133242