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Microeconomic models of intra-household activity time allocation

Nepal, Kali Prasad, Fukuda, Daisuke and Yai, Tetsuo 2005, Microeconomic models of intra-household activity time allocation, Journal of the Eastern Asia society for transportation studies, vol. 6, pp. 1637-1650.

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Title Microeconomic models of intra-household activity time allocation
Author(s) Nepal, Kali Prasad
Fukuda, Daisuke
Yai, Tetsuo
Journal name Journal of the Eastern Asia society for transportation studies
Volume number 6
Start page 1637
End page 1650
Total pages 14
Publisher Eastern Asia Society for Transportation Studies
Place of publication Tokyo, Japan
Publication date 2005
ISSN 1881-1124
Keyword(s) Intra-household activity time allocation
Unitary models
Bargaining models
Collective models
Summary The primary purpose of this research is to analyze theoretically the group decisionmaking process leading to the allocation of activity time and the consumption of goods, with particular emphasis in the households. Each household is characterized as a group of individuals making joint decisions about their activity participations, alternative activity time allocations and consumption of various goods, such as independent and joint activity time allocations as well as private and shared consumption patterns. We firstly explore why individual-based models are not realistic in multi-person households, and secondly, we summarize various intra-household activity time allocation models based on different decision-making processes. All models are presented under microeconomic principle of utility maximization to represent the economic behavior of the households.
Language eng
Field of Research 129999 Built Environment and Design not elsewhere classified
Socio Economic Objective 970112 Expanding Knowledge in Built Environment and Design
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2005, Eastern Asia Society for Transportation Studies
Persistent URL http://hdl.handle.net/10536/DRO/DU:30048645

Document type: Journal Article
Collections: School of Engineering
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Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.