Building on anthropological evidence, we develop a model of intra-household decision making on fertility and child survival within the framework of the collective household model. We carry out a test of the implications of this framework with data from Demographic and Health Surveys in rural...

We model rotating savings and credit associations (Roscas) among risk-averse participants who experience privately observed income shocks. A random Rosca is not advantageous, whereas a bidding Rosca is if temporal risk aversion is less pronounced than static risk aversion. The payoff scheme of a...