Beware of workaholics
Subtitle: household preferences and individual equilibrium utility
By: by Hans Gersbach, Hans Haller.
Contributors: Haller, Hans
Series: Discussion paper ;; no. 1502; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1502
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Workaholics.; Households.; Working class.; Hours of labor.; Equilibrium (Economics)
Description: "This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the "workaholic" member becomes more influential in each working class household can render the working class worse off. A binding restriction on the number of hours an individual is allowed to work can benefit all workers"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 4/20/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.