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This article gives some exploratory results from estimating a consumer surplus type equation which features a number of economic and demographic variables as regressors. We calculate an income elasticity for the maximum surplus that individuals would ever perceive themselves to be getting by...
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Economists have generally ignored the family in micro-economic theory by treating households as one person. Becker’s allocation of time theory has spawned a number of labour supply studies which claim to take account of the family. It is argued in this paper that the labour supply...
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It is shown, using a large national survey, that risk taking attitude influences both heavy and daily drinking. There are also significant effects of age, religion, education and situational factors. Some factors also differ by gender notably the effect of working away from home.
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This highly innovative and intriguing book applies principles of microeconomics to unusual settings to inspire students, teachers and scholars alike in the ‘dismal science'. Leading experts show how economics reaches into the strangest of places and throws light onto the occasionally dark side...
Persistent link: https://www.econbiz.de/10011165027
This highly innovative and intriguing book applies principles of microeconomics to unusual settings to inspire students, teachers and scholars alike in the ‘dismal science'. Leading experts show how economics reaches into the strangest of places and throws light onto the occasionally dark side...
Persistent link: https://www.econbiz.de/10011165060