Séminaire COURNOT – Roberta Ziparo (Aix Marseille School of Economics)
De 14:00 à 15:30
Détails de l'événement :
Titre : The Good Wife? Reputation Dynamics and Financial Decision-Making Inside the Household.
Résumé : This paper studies the dynamic relationship between women’s intra-household reputation and investment decisions. We consider household investments delegated to the wife in settings where wives that are perceived to be savvy investors by their husbands are entrusted with a larger share of the budget. We show, first theoretically, then empirically in a series of experiments with couples in Malawi, that a signaling game can result in wives who, in order to maintain control over a larger share of the budget, (a) under-invest in novel goods with unknown returns; and (b) knowingly over-use low-return goods in order to hide bad purchase decisions—we call this the intra-household sunk cost effect. These dynamics have important implications for women’s well-being as well as for the design of poverty alleviation programs.
Lieu du séminaire : Salle du conseil Paul Chamley et ZOOM.
Agenda des séminaires : https://beta-economics.fr/seminaires-cournot-2022-2023/