منابع مشابه
Euler consumption equation with non-separable preferences over consumption and leisure and collateral constraints
This paper derives and estimates an aggregate Euler consumption equation which allows one to compare the importance of collateral constraints and nonseparability of consumption and leisure as alternative sources of excess sensitivity of consumption to current income. Estimation results suggest that during a severe financial distress both non-separability and collateral constraints are needed to...
متن کاملProspective study of health status preferences and changes in preferences over time in older adults.
BACKGROUND Instructional forms of advance care planning depend on the ability of patients to predict their future treatment preferences. However, preferences may change with changes in patients' health states. METHODS We conducted in-home interviews of 226 older community-dwelling persons with advanced cancer, congestive heart failure, or chronic obstructive pulmonary disease at least every 4...
متن کاملConsumption Commitments and Risk Preferences
Many households devote a large fraction of their budgets to consumption commitments goods that involve transaction costs and are infrequently adjusted. This paper characterizes risk preferences in an expected utility model with commitments. We show that commitments a¤ect risk preferences in two ways: (1) they amplify risk aversion with respect to moderate-stake shocks and (2) they create a ...
متن کاملFrom Preferences over Objects to Preferences over Concepts
We present an approach to preference modeling and learning preferences from data based on formal concept analysis. We consider techniques to derive preferences over attribute subsets from preferences over objects, including ceteris paribus preferences.
متن کاملParental Preferences over Children's Sex:The Case Study of Iran
The question of whether parents have preferences over their children’s sexes has long been of interest to economists and demographers. In this study, we first investigate the presence of these preferences among Iranian parents. Then, having established its existence, we next turn to characterize the quality of sex preference. There are two widely used methods for addressing this issue in the l...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Theory and Decision
سال: 2012
ISSN: 0040-5833,1573-7187
DOI: 10.1007/s11238-011-9291-2