I present a game-theoretical model to estimate consumption demand, accounting for intra-household interaction among household members. Although multiple Nash equilibria of consumption decisions may exist in a household, model parameters are pointwise identified from household-level data for households with only two members. I propose a semiparametric maximum likelihood estimator and apply it to...

Due to poverty, serious soil erosion and shortage of rural household energy in Loess Hilly Region, Gansu Province, China, excessive consumption of biofuel has become a critical factor underlying eco-environment degeneration. Data on rural household energy use was obtained by questionnaires, and based on substitutable analysis, environmental and economic costs under different energy consumption ...

In the last quarter of the century, a substantial amount of research work has been conducted on optimization of energy consumption by refrigeration systems and on proper design and construction of household refrigerator-freezers. The importance of such energy optimization schemes stems from the environmental impacts of Freon (R-12) used as the working refrigerant in household refrigerator – fre...

in the last quarter of the century, a substantial amount of research work has been conducted on optimization of energy consumption by refrigeration systems and on proper design and construction of household refrigerator-freezers. the importance of such energy optimization schemes stems from the environmental impacts of freon (r-12) used as the working refrigerant in household refrigerator – fre...

Household consumption is the largest component of aggregate expenditure in most economies. In Lithuania it accounts for about 65% of spending. Therefore it is important for macroeconomists to be able to explain the determinants of consumer spending via a well-specified consumption function. Although literature on modelling consumption is large [2], in Lithuanian academic literature the analysis...