Anything to Keep You Happy?
AbstractWhilst there is an abundant supply of theoretical and empirical contributions in cooperative bargaining models on the transfer of material resources within couples and the labour supply patterns of individuals in couples, this literature has so far not been interested in measuring empirically the utilities of partners. Conversely the literature on hedonic wellbeing has recently moved on to assess couple’s happiness and the extent to which individuals in couples influence each other’s happiness without making reference to the problem of allocation of resources. The latter is however important to both the individual and couple happiness, and in the limit determine whether couples stay together. Here we address the role of the allocation of resources, particularly in the form of time use time and the effect it has on the joint and individual utilities in the couple.
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Bibliographic InfoPaper provided by Henley Business School, Reading University in its series Economics & Management Discussion Papers with number em-dp2010-01.
Length: 16 pages
Date of creation: 06 May 2010
Date of revision:
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More information through EDIRC
happiness; utility transfers; time use; care;
Find related papers by JEL classification:
- D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-29 (All new papers)
- NEP-HAP-2010-05-29 (Economics of Happiness)
- NEP-LTV-2010-05-29 (Unemployment, Inequality & Poverty)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Open Access publications from London School of Economics and Political Science
http://eprints.lse.ac.uk/, London School of Economics and Political Science.
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