Results 81 to 90 of about 154,449 (307)

A Note on the Relation between Income and Welfare [PDF]

This notes shows how intertemporal and cross-section welfare are related in a general class of stochastic continuous time models. In the steady state intertemporal welfare is shown to be proportional to cross-sectional income.
Boone, J., Smulders, J.A.
core   +1 more source

Food Tastes in the United States: Convergence or Divergence?

Agribusiness, EarlyView.
ABSTRACT This study investigates how food consumption tastes have changed in recent decades across the United States. Using NielsenIQ data for over 77 million transactions, there is evidence of divergence in food tastes across regions from 2007 to 2016 and across households of different income, education, and race/ethnicity groups.
Michael DeDad
wiley   +1 more source

Household Decision-Making Choices: Investment in Children’s Education or Self-Consumption

Behavioral Sciences
Analyzing the sustainable decision-making mechanism between household consumption and education investment can theoretically develop education.
Heng Jiang, Lili Liu, Yonglin Zhang
doaj   +1 more source

A theory of endogenous time preference, and discounted utility anomalies [PDF]

We explain essentially all known discounted utility anomalies as artefacts of the optimizing behavior of an individual with a time- separable utility function, who perceives a good as a source of a stochastic consumption stream, and believes that she can
Sergei Levendorskii, Svetlana Boyarchenko   +1 more
core  

Dynamic preference foundations of expected exponentially-discounted utility

Economic Theory, 2023
AbstractExpected exponentially-discounted utility (EEDU) is the standard model of choice over risk and time in economics. This paper considers the dynamic preference foundations of EEDU in the timed risks framework. We first provide dynamic preference foundations for a time-invariant expected utility representation.
openaire   +4 more sources

Economic and Environmental Tradeoffs in Cultivating Short Food Supply Chains With Urban Indoor Agriculture

Agribusiness, EarlyView.
ABSTRACT This study advances the literature on sustainable urban agriculture and alternative sustainable food production systems, which have gained momentum due to the need to strengthen regional food supply chains and meet the growing urban demand for fresh food. Indoor agriculture (IA) holds promise for year‐round cultivation of fresh produce even in
Joseph Seong, H. Christopher Peterson, Simone Valle de Souza   +2 more
wiley   +1 more source

Maximizing Banking Profit on a Random Time Interval

Journal of Applied Mathematics, 2007
We study the stochastic dynamics of banking items such as assets, capital, liabilities and profit. A consideration of these items leads to the formulation of a maximization problem that involves endogenous variables such as depository consumption, the ...
J. Mukuddem-Petersen, M. A. Petersen, I. M. Schoeman, B. A. Tau   +3 more
doaj   +1 more source

Internal Rationality, Imperfect Market Knowledge and Asset Prices [PDF]

We present a decision theoretic framework in which agents are learning about market behavior and that provides microfoundations for models of adaptive learning.
Albert Marcet, Klaus Adam
core  

Welfare Foundations of Discounting [PDF]

, 2002
We investigate whether temporal preferences expressed as a sum of discounted consumption utilities can be derived from a welfare representation in the form of a sum of discounted total utilities.
Sáez-Martí, María, Weibull, Jörgen W.   +1 more
core