Description

This project aims at better understanding how households make choices.
The project has two main parts. First, we will develop a theoretical model of
the allocation of authority and of the subsequent choices made by
households. In this framework the decision making process followed by the
household is endogenously determined by the people involved in the
decision and a delegation equilibrium may emerge. The decision process
depends on various parameters such as time preferences, the degree of
congruence of partners over a project or the opportunity cost of information
search. Second, we will test the predictions generated by the model in an
original lab-in-the-field experiment that we will conduct in Colombia. The
idea is to select couples and to carry out a baseline survey and a series of
incentivized individuals and couple games.
Short titleDelegation in the household
StatusActive
Effective start/end date1/01/1831/12/19

Keywords

  • DeFiPP