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This paper addresses an on-going controversy in the nutrition literature over the size and significance of the nutrient elasticity with respect to food expenditure. Linear programming methods are used to estimate the least-cost diets for infants in Cebu, Philippines. The results imply that,...
Persistent link: https://www.econbiz.de/10005395896
An assumption of the unitary model of household decision-making is that household members maximize one household utility function. This assumption implies that households pool their income and, therefore, the ownership of nonwage income has no effect on household demand. In this paper, this...
Persistent link: https://www.econbiz.de/10005622331
Engagement is a costly social institution for which virtually no economic analysis exists. We explore the information gathering function of engagement in a game with a proposer who offers a long or short engagement, and a respondent, who may reject the proposal at various stages. Whether the...
Persistent link: https://www.econbiz.de/10005396052
Non-marital cohabitation is a rapidly growing global phenomenon. Prior literature examines the puzzling empirical regularity that premarital cohabitation is associated with higher divorce rates. Since cohabitation should yield improved match-quality information, one might expect the opposite....
Persistent link: https://www.econbiz.de/10011151112
Persistent link: https://www.econbiz.de/10008491590