| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10527 |
| 来源ID | Working Paper 10527 |
| Consumption, Commitmants and Preferences for Risk | |
| Andrew Postlewaite; Larry Samuelson; Dan Silverman | |
| 发表日期 | 2004-05-31 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | We examine an economy in which the cost of consuming some goods can be reduced by making commitments to consumption levels independent of the state. For example, it is cheaper to produce housing services via owner-occupied than rented housing, but the transactions costs associated with the former prompt relatively inflexible housing consumption paths. We show that consumption commitments can cause risk-neutral consumers to care about risk, creating incentives to both insure risks and bunch uninsured risks together. For example, workers may prefer to avoid wage risk while bearing an unemployment risk that is concentrated in as few states as possible. |
| 主题 | Microeconomics ; Households and Firms ; Market Structure and Distribution |
| URL | https://www.nber.org/papers/w10527 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568156 |
| 推荐引用方式 GB/T 7714 | Andrew Postlewaite,Larry Samuelson,Dan Silverman. Consumption, Commitmants and Preferences for Risk. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10527.pdf（461KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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