The relationship between the contingent commodity and asset approaches to consumer behavior under uncertainty is used in examining Slutsky equations for assets. The menu of assets describes an ...

A team from the University of Tokyo has combined economic theory with biology to understand how natural systems respond to change. The researchers noticed a similarity between consumers’ shopping ...

This is a preview. Log in through your library . Abstract The labor supply decision under wage rate uncertainty has received considerable attention in the literature. While the literature has obtained ...