Results 261 to 270 of about 460,271 (310)
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SSRN Electronic Journal, 2005
Abstract The paper is concerned with the existence of a consumption sequence that implies wealth to grow at a given rate. It is shown that under reasonable assumptions such a sequence exists and can be determined by solving a fixed-point problem.
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Abstract The paper is concerned with the existence of a consumption sequence that implies wealth to grow at a given rate. It is shown that under reasonable assumptions such a sequence exists and can be determined by solving a fixed-point problem.
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Behavioural Processes, 2003
Emotional satisfaction cannot be increased above "normal"-the same normal as the caveman's-for any length of time, but the wealth and consumption style of modern civilization may systematically reduce some people's satisfaction below normal. Hyperbolic discounting of delayed, expected rewards suggests causes for this reduction in humans, and for how we
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Emotional satisfaction cannot be increased above "normal"-the same normal as the caveman's-for any length of time, but the wealth and consumption style of modern civilization may systematically reduce some people's satisfaction below normal. Hyperbolic discounting of delayed, expected rewards suggests causes for this reduction in humans, and for how we
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International Economic Review, 2006
I develop a dynamic theory of luxury consumption, particularly emphasizing the causal effect that pursuit of luxury goods has on wealth accumulation. A quasi‐luxury is defined as a good whose marginal rate of substitution is increasing in a utility index. Under certain conditions, it is indeed a luxury good.
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I develop a dynamic theory of luxury consumption, particularly emphasizing the causal effect that pursuit of luxury goods has on wealth accumulation. A quasi‐luxury is defined as a good whose marginal rate of substitution is increasing in a utility index. Under certain conditions, it is indeed a luxury good.
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Urban Wealth, Townsmen’s Wealth
1996How people made their living, the work they did, the goods they produced or circulated and the technological and regulatory conditions under which they did so has shaped life throughout history. A differentiation of economic function is usually seen as the critical aspect which divides a town from a village even though most towns had an agricultural ...
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Health is wealth! Is wealth health?
Prilozi, 2010Current demographic analyses of the world population show a considerable increase in life expectancy of the general population in nearly all regions of the world. Consequently, "Health Economy", defined as "Provision and marketing of goods and services in order to support the maintenance and restoration of health", has become the megatrend of the ...
Horst, Klinkmann, Joerg, Vienken
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Do ICTs drive wealth inequality? Evidence from a dynamic panel analysis
Telecommunications Policy, 2022Henri Njangang, Sosson Tadadjeu
exaly