Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/73472 
Year of Publication: 
2010
Series/Report no.: 
Working Papers in Economics and Statistics No. 2010-20
Publisher: 
University of Innsbruck, Department of Public Finance, Innsbruck
Abstract: 
Many economic decisions are made jointly within households. This raises the question about spouses? relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and then make joint decisions with the other spouse. We use a random parameter probit model to measure the relative influence of spouses on joint decisions. In general, husbands have a stronger influence than wives. However, in richer households and when the wife is older than the husband, we find a significantly stronger influence of the wife on joint decisions.
Subjects: 
household decision making
spouses
relative influence
random parameter model
field experiment
time preferences
JEL: 
C91
C92
C93
D10
Document Type: 
Working Paper

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