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Theories based on partial equilibrium reasoning alone cannot explain the widespread negative cross-sectional correlation between parental wages and fertility, without restrictive assumptions on preferences and childcare costs. We argue that incorporating a dynamic general equilibrium analysis of...
Persistent link: https://www.econbiz.de/10010599071
A group of agents voluntarily participates in a joint project, in which efforts are not perfectly substitutable. The output is divided according to some given vector of shares. A share vector is unimprovable if no other share vector yields a higher sum of payoffs. When the elasticity of...
Persistent link: https://www.econbiz.de/10008792633
Relative to developed countries, there are far fewer women than men in India. Estimates suggest that more than 25 million women are "missing". Sex selection at birth and the mistreatment of young girls are widely regarded as key explanations. A decomposition of missing women by age across the...
Persistent link: https://www.econbiz.de/10009653327
This chapter surveys a sizable and growing literature on coalition formation. We refer to theories in which one or more groups of agents (“coalitionsâ€) deliberately get together to jointly determine within-group actions, while interacting noncooperatively across groups. The chapter...
Persistent link: https://www.econbiz.de/10011255412
Harsanyi (1974) criticized the von Neumann-Morgenstern notion of a stable set on the grounds that it implicitly assumes coalitions to be shortsighted in evaluating their prospects. He proposed a modification of the dominance relation to incorporate farsightedness. In doing so, however, Harsanyi...
Persistent link: https://www.econbiz.de/10011196588
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Persistent link: https://www.econbiz.de/10011196599
The absence of self-control is often viewed as an important correlate of persistent poverty. Using a standard intertemporal allocation problem with credit constraints faced by an individual with quasi-hyperbolic preferences, we argue that poverty damages the ability to exercise self-control. Our...
Persistent link: https://www.econbiz.de/10011211005
We model intergroup conflict driven by economic changes within groups. We show that if group incomes are low, increasing group incomes raises violence against that group and lowers violence generated by it. We then apply the model to data on Hindu-Muslim violence in India. Our main result is...
Persistent link: https://www.econbiz.de/10010801019
This paper introduces endogenous fertility into a model of occupational choice, and studies its steady states. Three main results are obtained. First, despite the presence of both income and substitution eects in fertility choice, general equilibrium eects operating via endogenous wages in...
Persistent link: https://www.econbiz.de/10010779465
This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract, implemented at the end of a three-year cycle in which contracts are generally revised, was (a) the joint outcome of negotiations between twenty unions and plantations, (b)...
Persistent link: https://www.econbiz.de/10010877659