The Role of Children in the Decisions of Urban Households in Iran

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Rajabi, Elham | 2015

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Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 49535 (44)
University: Sharif University of Technology
Department: Management and Economics
Advisor(s): Keshavarz Haddad, Gholamreza
Abstract:
Family economics consider children either as "goods" in consumption vector of their parents or as agents that have the ability of full economic independency. While the children reach adolescent age, the theory models their role, not only as individuals with their own preferences, but also as agents who can have an impact on family outcomes. Aim of this study is to focus on the fact that if children of certain ages take part in the households’ decisions or not. We use data from Households Income and Expenditures Survey 2011 for urban area and families with three members, parents and child with the age range 15 - 30. For a closer look, households were divided into four groups which include only boys, girls, children between 15 to 22 years, and the children between 23 and 30. Based on the collective households decision Analytical framework and the quadratic almost ideal demand system, we find that children regardless of age and gender are involved in family decisions making
Keywords:
Collective Model ; Economy Model ; Behavioral Models ; Children ; Cost and Household Income Data (HIES) ; Collective Rationality ; Quadratic Almost Ideal Damand System

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