Monday, December 1, 2025 12:00 - 13:30

SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH

About this event

We cannot reject the (static) efficiency of the allocation of consumption within households. In contrast, we show that production choices on farms cultivated by different members of the same household do not satisfy the restrictions required by within-household cost minimization. Most models of intra-household allocation are therefore rejected. The patterns of investment and expenditures can be explained by the incentives created by the family structures in which households are embedded. This highlights the importance of how culture creates the incentives which affect how investments are made.

Participants are expected to adhere to the CEP Events Code of Conduct.

Directions

This event will take place in SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH.

The building is labelled SAL on the LSE campus map. You can also find us on Google Maps. For further information, go to contact us.

This series is part of the CEP's Labour Markets programme.