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Are the Japanese unique? : evidence from household saving and bequest behavior

Horioka, Charles - 2016

In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...

Persistent link: https://www.econbiz.de/10011478422

Freedom to Choose and Choice X-Inefficiencies : Human and Consumer Rights, and Positive and Normative Implications of Choice Behavior

Altman, Morris - 2012

In contrast of the conventional perspective, a model of preference formation is developed of rational or intelligent utility maximizing agents wherein they can possess preferences that are objectively suboptimal from both an individual and social perspective. In addition, the revealed...

Persistent link: https://www.econbiz.de/10014172303

Self Confidence : Intrapersonal Strategies

Bénabou, Roland; Tirole, Jean - 2010

This paper analyzes the self-identification process and its role in motivation. We build a model of self-confidence where people have imperfect knowledge about their ability, which in most tasks is a complement to effort in determining performance. Higher self-confidence thus enhances...

Persistent link: https://www.econbiz.de/10014161487

Values, attitudes and economic behavior

Roos, Michael W. M. - 2018

behavior and the attitude depends on the individual's values. The model is based on the Schwartz theory of human values, which … income and prices. The model also explains when Veblen effects occur. … Werte-Theorie von Schwartz, die in der Sozialpsychologie sehr bedeutend ist. Werte sind wünschenswerte, transsituationale …

Persistent link: https://www.econbiz.de/10011932108

Behavioral economics : Konzepte und Anwendungen

Ebering, Alexander - 2005 - 1. Aufl.

Persistent link: https://www.econbiz.de/10002977300

Aggregation without the aggravation? Nonparametric analysis of the representative consumer

Cherchye, Laurens; Crawford, Ian; De Rock, Bram; … - 2011

In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily...

Persistent link: https://www.econbiz.de/10010282357

Aggregation without the aggravation? : nonparametric analysis of the representative consumer

Cherchye, Laurens; Crawford, Ian; Rock, Bram de; … - 2011

Persistent link: https://www.econbiz.de/10009529153

Driving factors of the Collaborative Consumption in the European Union scene

Barreiro-Gen, María - In: Atlantic review of economics : AROE 1 (2018) 1

The defense of unlimited economic growth as the main objective to be achieved has been questioned for decades and with even more intensity in recent years. In this context, the Sharing Economy’s initiatives have dramatically increased. This study expands our current understanding of driving...

Persistent link: https://www.econbiz.de/10012157131

Aggregation Without the Aggravation? Nonparametric Analysis of the Representative Consumer

Cherchye, L. - 2011

In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed reference characterization of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily and...

Persistent link: https://www.econbiz.de/10013117313

Consumer Response to Increased Variety in Demand and Inverse Demand Systems with Consistent Preferences

Kolberg, William C. - 2021

Current neoclassical microeconomic theory of rational consumer behavior affirms a unique consumer price … size of the cross-substitution effect relative to the size of the income effect in demand systems will equal the rescaled …

Persistent link: https://www.econbiz.de/10013313809