A Theory of the Allocation of Time.

Becker, G. S. (1965). A Theory of the Allocation of Time. Economic Journal, 75(299), 493-517.

Type

Journal article

Intellectual base

Primary research

Year

1965

Link

https://doi.org/10.2307/2228949matched

Cited from

economics_finance

Cited by

2 citations across 2 artifacts.

Primes

• Indifference Curves
  • Becker (1965)
• Marginal Utility
  • … equates marginal utilities across time periods, weighted by the discount factor and real interest rate) , risk and insurance decisions (the marginal utility of wealth determines the reservation price for insurance), labor-leisure tradeoffs (the marginal utility of leisure relative to consumption anchors labor supply)

Verification

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