On consumption decisions : focusing on budget decisions for each expense item
The Yamaguchi-keizaigaku zasshi Volume 70 Issue 5
Page 213-236
published_at 2022-01-31
Title
消費の決定について : 費目ごとの予算の決定を中心に
On consumption decisions : focusing on budget decisions for each expense item
Abstract
We will discuss how a household determines the budget allocation to consumption goods and decides consumption and savings. Microeconomics explain that a consumer maximizes utility under budget constraint. However, in reality, a consumer first determines the budget for each consumption item such as food and clothing and then determines individual consumption goods to buy.
Source Identifiers
[PISSN] 0513-1758
[NCID] AN00243258
Languages
jpn
Resource Type
departmental bulletin paper
Publishers
The Economic Society of Yamaguchi University
Date Issued
2022-01-31
File Version
Version of Record
Access Rights
embargoed access