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  • 标题:The Cost and Benefit of Consuming in Smaller Bundles
  • 本地全文:下载
  • 作者:Ben David Nissim ; Benzion Uri
  • 期刊名称:Theoretical Economics Letters
  • 印刷版ISSN:2162-2078
  • 电子版ISSN:2162-2086
  • 出版年度:2015
  • 卷号:05
  • 期号:05
  • 页码:599-605
  • DOI:10.4236/tel.2015.55070
  • 语种:English
  • 出版社:Scientific Research Publishing
  • 摘要:Existing classical theory cannot explain consumer behavior of cutting consumption into smaller bundles instead of consuming everything in one bundle. We present a model that separates consumer behavior into two steps. At first, the consumer decides on the amount of working hours, which defines his income. In the second step, s/he decides on the number of consumption bundles. Since a consumer has larger utility when cutting consumption into smaller bundles, while on the other hand s/he faces higher costs when buying smaller bundles, s/he can take both factors into consideration when deciding on the optimal number of consumption bundles.
  • 关键词:Consumption;Bundles
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