Showing 1 - 9 of 9
This paper develops a new methodology to analyze how parents in Rajasthan, India make choices about their daughters' schooling and marriage. We specify a dynamic discrete choice model in which parents face uncertainty about the quality of their daughter's future marriage offers. Parents' choices...
Persistent link: https://www.econbiz.de/10014480381
We build a model of job design under monopsony that yields predictions over the relationship between: (i) the amenity value of non-wage job features; (ii) whether they are costly or profitable to firms; (iii) monopsony power. We analyse the amenity value of schedule flexibility offered in the...
Persistent link: https://www.econbiz.de/10014480535
In this paper, we develop a revealed preference methodology that allows us to explore whether time inconsistencies in household choice are the product of individual preference nonstationarities or the result of individual heterogeneity and renegotiation within the collective unit. An empirical...
Persistent link: https://www.econbiz.de/10010397755
This paper examines the motivation for intergenerational transfers between adult children and their parents, and the nature of preferences for such giving behaviour, in an experimental setting. Participants in our experiment play a series of dictator games with parents and strangers, in which we...
Persistent link: https://www.econbiz.de/10010397760
A systematic approach for incorporating taste variation into a revealed preference framework for heterogeneous consumers is developed. We create a new methodology that enables the recovery of the minimal variation in tastes that are required to rationalise observed choice patterns. This approach...
Persistent link: https://www.econbiz.de/10011335631
Rajasthani women typically leave school early and marry young. We develop a novel discrete choice methodology using hypothetical vignettes to elicit average parental preferences over a daughter's education and age of marriage, and subjective beliefs about the evolution of her marriage market...
Persistent link: https://www.econbiz.de/10012028689
Consideration set models relax the assumption that consumers are aware of all available options. Thus far, identification arguments for these models have relied either on auxiliary data on what options were considered or on instruments excluded from consideration or utility. In a discrete choice...
Persistent link: https://www.econbiz.de/10012028696
Revealed preference restrictions are increasingly used to bound demand responses and as shape restrictions in nonparametric estimation exercises. However, the restrictions imposed are not sufficient for rationality when predictions are made at more than a single price regime. We highlight the...
Persistent link: https://www.econbiz.de/10011526730
In this paper, we develop a revealed preference methodology that allows us to explore whether time inconsistencies in household choice are the product of individual preference nonstationarities or the result of individual heterogeneity and renegotiation within the collective unit. An empirical...
Persistent link: https://www.econbiz.de/10010770350