IDEAS home Printed from https://ideas.repec.org/p/cge/wacage/64.html
   My bibliography  Save this paper

Mine, Yours or Ours? The Efficiency of Household Investment Decisions: An Experimental Approach

Author

Listed:
  • Mani, Anandi

    (University of Warwick)

Abstract

We conduct an experiment to measure the relative importance of key factors that influence the efficiency of household investment decisions. We find that, both for men and women, their spouse's access to information does not affect efficiency. However, they are willing to sacrifice much ef¬ficiency for greater personal control over household income. Intriguingly, even when spouses' control over household income is exogenously assigned, inefficiency persists: As a wife's assigned share increases, husbands undercut their own income to reduce hers. This self-destructive and spiteful behavior is best explained by non-economic factors such as identity, seldom emphasized in mainstream household economic models.

Suggested Citation

  • Mani, Anandi, 2011. "Mine, Yours or Ours? The Efficiency of Household Investment Decisions: An Experimental Approach," CAGE Online Working Paper Series 64, Competitive Advantage in the Global Economy (CAGE).
    • Handle: RePEc:cge:wacage:64
    as

    Download full text from publisher

    File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/centres/cage/manage/publications/64.2011_mani.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gurven, Michael & Hopfensitz, Astrid & Kaplan, Hillard & Stieglitz, Jonathan, 2016. "Why household inefficiency? An experimental approach to assess spousal resource distribution preferences in a subsistence population undergoing socioeconomic change," TSE Working Papers 16-670, Toulouse School of Economics (TSE).
    2. Rajat Deb & Deep Deb & Kiran Sankar Chakraborty, 2022. "Spousal roles in life insurance demands," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 49(1), pages 3-11, March.
    3. Susana Martínez-Restrepo & Juan Camilo Mejía & Erika Enríquez, 2016. "Eliciting women's willingness to take a job. Evidence from displaced and extremely poor women in Cali, Colombia," Coyuntura Económica, Fedesarrollo, vol. 46(1), pages 149-173, June.
    4. François Cochard & Hélène Couprie & Astrid Hopfensitz, 2018. "What if women earned more than their spouses? An experimental investigation of work-division in couples," Experimental Economics, Springer;Economic Science Association, vol. 21(1), pages 50-71, March.
    5. Utteeyo Dasgupta & Subha Mani, 2013. "Only Mine or All Ours: An Artefactual Field Experiment on Procedural Altruism," Fordham Economics Discussion Paper Series dp2013-01, Fordham University, Department of Economics.
    6. Savita Kulkarni & Anirudh Tagat & Hansika Kapoor, 2016. "An experimental investigation of intra-household resource allocation in rural India," Working Papers PIERI 2016-20, PEP-PIERI.
    7. Marie Christine Apedo-Amah & Habiba Djebbari & Roberta Ziparo, 2019. "Gender, information and the efficiency of household production decisions: An experiment in rural Togo," Working Papers halshs-02462673, HAL.
    8. Dasgupta, Utteeyo & Mani, Subha, 2015. "Only Mine or All Ours: Do Stronger Entitlements Affect Altruistic Choices in the Household," World Development, Elsevier, vol. 67(C), pages 363-375.
    9. Bjorvatn, Kjetil & Getahun, Tigabu Degu & Halvorsen, Sandra Kristine, 2020. "Conflict or cooperation? Experimental evidence on intra-household allocations in Ethiopia," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 85(C).
    10. Farah Said, 2016. "Access to Finance and Agency: An Overview of the Constraints to Female-Run Enterprises," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 21(Special E), pages 331-349, September.
    11. Abbink, Klaus & Islam, Asad & Nguyen, Chau, 2020. "Whose voice matters? An experimental examination of gender bias in intra-household decision-making," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 337-352.
    12. Carolina Castilla, 2015. "Trust and Reciprocity between Spouses in India," American Economic Review, American Economic Association, vol. 105(5), pages 621-624, May.
    13. Sonia Bhalotra & Uma Kambhampati & Samantha Rawlings & Zahra Siddique, 2021. "Intimate Partner Violence: The Influence of Job Opportunities for Men and Women," The World Bank Economic Review, World Bank, vol. 35(2), pages 461-479.
    14. Miriam Beblo & Denis Beninger, 2017. "Do husbands and wives pool their incomes? A couple experiment," Review of Economics of the Household, Springer, vol. 15(3), pages 779-805, September.
    15. Görges, Luise, 2021. "Of housewives and feminists: Gender norms and intra-household division of labour," Labour Economics, Elsevier, vol. 72(C).
    16. Sonia Bhalotra & Irma Clots-Figueras & Lakshmi Iyer, "undated". "Pathbreakers? Women’s Electoral Success and Future Political Participation," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-277, Boston University - Department of Economics.
    17. Sarah Reynolds, 2015. "Behavioral games and intrahousehold allocation: teenage mothers and their mothers in Brazil," Review of Economics of the Household, Springer, vol. 13(4), pages 901-927, December.
    18. Hoel, Jessica B., 2015. "Heterogeneous households: A within-subject test of asymmetric information between spouses in Kenya," Journal of Economic Behavior & Organization, Elsevier, vol. 118(C), pages 123-135.
    19. Arjan Verschoor & Bereket Kebede & Alistair Munro & Marcela Tarazona, 2019. "Spousal Control and Efficiency of Intra-household Decision-Making: Experiments among Married Couples in India, Ethiopia and Nigeria," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 31(4), pages 1171-1196, September.
    20. Michele Tertilt & Matthias Doepke, 2015. "Asymmetric Information in Couples," 2015 Meeting Papers 606, Society for Economic Dynamics.
    21. Nathan Fiala, 2017. "Business is Tough, but Family is Worse: Household Bargaining and Investment in Microenterprises in Uganda," Working papers 2017-05, University of Connecticut, Department of Economics.
    22. Bhalotra, Sonia R. & Kambhampati, Uma & Rawlings, Samantha & Siddique, Zahra, 2018. "Intimate Partner Violence and the Business Cycle," IZA Discussion Papers 11274, Institute of Labor Economics (IZA).
    23. Luise Görges, 2021. "Of housewives and feminists: Gender norms and intra-household division of labour," Working Paper Series in Economics 400, University of Lüneburg, Institute of Economics.
    24. Klaus Abbink & Asadul Islam & Chau Nguyen, 2016. "Whose voice matters? An experimental examination of women empowerment in microfinance," Monash Economics Working Papers 40-16, Monash University, Department of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cge:wacage:64. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jane Snape (email available below). General contact details of provider: https://edirc.repec.org/data/dewaruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.