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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
Available 2026-01-31
[fulltext] 1.62 MB
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.
Creators Umada Tetsuji
Affiliate Master Yamaguchi University
[kakenhi]15501 grid.268397.1
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