Adams-Prassl Lab

University of Oxford

- · United Kingdom

ERC-funded
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Research focus

ERC Starting Grant · 2020

Inefficient Decision Making and Female Bargaining Power

Dominant economic models of household decision-making assume a utopian scenario characterised by cooperation, commitment, and efficiency. While elegant and tractable, a range of common family behaviours fall outside the scope of these frameworks limiting our understanding of households as economic units and their role in helping individuals insure against shocks. Furthermore, the policy prescriptions implied by the standard models can result in harmful unintended consequences if implemented in contexts where non-cooperative decision-making prevails (Erten and Keskin, 2018; Bobonis et al, 2013). FEMPOWER will make both methodological and substantive contributions to the economic literature…

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