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Article Dans Une Revue Mathematical Social Sciences Année : 2013

Fertility in the absence of self-control

Résumé

This paper studies the quantity-quality trade-off model of fertility, under the assumption of hyperbolic discounting. It shows that the lack of self-control may play a different role in a developed economy and in a developing one. In the first case, characterized by a positive investment in quality, the lack of self-control may tend to reduce fertility. In the second case, it is possible that the lack of self-control leads to both no investment in quality and a higher fertility rate. It is also proved that if parents cannot commit on their investment in quality, a small change of parameters may lead to a jump in fertility and education.
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Dates et versions

halshs-00823264 , version 1 (16-05-2013)

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Bertrand Wigniolle. Fertility in the absence of self-control. Mathematical Social Sciences, 2013, pp.71-86. ⟨10.1016/j.mathsocsci.2013.02.001⟩. ⟨halshs-00823264⟩
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