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matching. The paper compares the Engel curves obtained from matching with the Engel curves obtained from traditional …. While superficially both ways to allocate income generate similar results, matching allows to explain some empirical … regularities that maximization cannot account for. For example, only by using matching one can reconstruct that income elasticities …
Persistent link: https://www.econbiz.de/10009671382
matching. The paper compares the Engel curves obtained from matching with the Engel curves obtained from traditional …. While superficially both ways to allocate income generate similar results, matching allows to explain some empirical … regularities that maximization cannot account for. For example, only by using matching one can reconstruct that income elasticities …
Persistent link: https://www.econbiz.de/10010894151
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10011881240
levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral …
Persistent link: https://www.econbiz.de/10010286761
levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral … patterns of consumer behavior. -- consumption ; growth ; sustainability ; satiation ; innovation ; welfare …
Persistent link: https://www.econbiz.de/10008935663
Persistent link: https://www.econbiz.de/10010199128
Strong growth in disposable income has driven, and is still driving, consumption to unprecedented,but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, andinnovation underlying that growth a behavioral theory of consumption is suggested and discussedwith...
Persistent link: https://www.econbiz.de/10009138589
levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral …
Persistent link: https://www.econbiz.de/10009003960
This theoretical paper presents an incentive salience model of intertemporal choice. The model is a variation of the quasi-hyperbolic discounting model. Based on the distinction between wanting and liking, the paper presents one possible explanation of impulsive choices of smaller sooner rewards...
Persistent link: https://www.econbiz.de/10010286743
This theoretical paper presents an incentive salience model of intertemporal choice. The model is a variation of the quasi-hyperbolic discounting model. Based on the distinction between "wanting" and "liking", the paper presents one possible explanation of impulsive choices of smaller sooner...
Persistent link: https://www.econbiz.de/10009409727