Correction to: Towards Household Asset Protection: Findings from an Inter-generational Asset Transfer Project in Rural Kenya

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Household Production and Asset Prices

We empirically examine the asset pricing implications of the Beckerian framework of household production, where utility is derived from both market consumption and home produced goods. We propose residential electricity usage as a real-time proxy for the service flow from household capital, as electricity is used in most modern-day household production activities and it cannot be easily stored....

Towards an Asset Management Framework of Asset Characteristics, Asset Environment, Lifecycle Phases, and Management

In 2007 ‘‘the state of asset management in the Netherlands’’ for infrastructures was established by a national study conducted by the Next Generation Infrastructures research programme (NGInfra). This study showed that within the Netherlands different interpretations of asset management exist. The way asset management is implemented in practice differs widely. Differences included tools, proces...

Measuring Socioeconomic Status of Rural Households in Edo State, Nigeria: An Asset-Based Approach

Available data on farmers’ socioeconomic or poverty status have focused on the use of money-metric measure of income and/or expenditure, an approach that has been criticized. An alternative, proposed to assessing households’ welfare has been to use asset indices; unfortunately, there is dearth of such study in Edo state. This study therefore assessed the socioeconomic status (SES) of farming ho...

Towards an approach to Select an Asset Information Management Strategy

The management of engineering assets such as facilities and equipments can be a challenging task and optimising their usage is critical. To ensure effective utilization of an asset, one has to make effective decisions regarding the asset lifecycle. Consequently, it becomes imperative to gather useful information about the asset lifecycle. The objective of this paper is then to propose an approa...