A new approach to calculate the value of leisure is developed and applied. This is derived from a consumer behaviour model that includes goods and activities. A system of time assignment equations is explicitly obtained from which the values of both leisure and work can be analytically calculated using econometrically estimated parameters. This framework is applied using detailed data from three samples in diverse settings: Santiago (Chile), Karlsruhe (Germany), and Thurgau (Switzerland). The empirically estimated values of leisure differ from the wage rate and a theoretical justification is provided.
We present a microeconomic model for time use and consumption for workers with an improved treatment...
The recognition that travel is a derived demand from activities has stimulated the analysis of the d...
A multivariate extension of the standard labour supply model in presented. In the multivariate time ...
A new approach to calculate the value of leisure is developed and applied. This is derived from a co...
A new approach to calculate the value of leisure is developed and applied. This is derived from a co...
From a consumer behaviour approach including goods and activities, a model system encompassing a lab...
From a consumer behaviour approach including goods and activities, a model system encompassing a lab...
The cost of travel time has commonly been incorporated in recreation demand models as some fucntion ...
This paper estimates empirically the value of leisure time of weekend non-work days by a resource al...
Based on a time-use model with a sound theoretical basis and carefully collected data for Austria, t...
In this paper, we apply the contingent rating method to the problem of estimating a value for leisur...
In this paper we report the results of applying a new microeconomic framework to model time assignme...
In this paper, we apply the contingent rating method to the problem of estimating a value for leisur...
In this paper, we propose an activity model under time and budget constraints to simultaneously pred...
The time constraint concept is a significant concept in time use and activity-travel studies given t...
We present a microeconomic model for time use and consumption for workers with an improved treatment...
The recognition that travel is a derived demand from activities has stimulated the analysis of the d...
A multivariate extension of the standard labour supply model in presented. In the multivariate time ...
A new approach to calculate the value of leisure is developed and applied. This is derived from a co...
A new approach to calculate the value of leisure is developed and applied. This is derived from a co...
From a consumer behaviour approach including goods and activities, a model system encompassing a lab...
From a consumer behaviour approach including goods and activities, a model system encompassing a lab...
The cost of travel time has commonly been incorporated in recreation demand models as some fucntion ...
This paper estimates empirically the value of leisure time of weekend non-work days by a resource al...
Based on a time-use model with a sound theoretical basis and carefully collected data for Austria, t...
In this paper, we apply the contingent rating method to the problem of estimating a value for leisur...
In this paper we report the results of applying a new microeconomic framework to model time assignme...
In this paper, we apply the contingent rating method to the problem of estimating a value for leisur...
In this paper, we propose an activity model under time and budget constraints to simultaneously pred...
The time constraint concept is a significant concept in time use and activity-travel studies given t...
We present a microeconomic model for time use and consumption for workers with an improved treatment...
The recognition that travel is a derived demand from activities has stimulated the analysis of the d...
A multivariate extension of the standard labour supply model in presented. In the multivariate time ...