Don’t tell on me: Experimental evidence of asymmetric information in transnational households

Although most theoretical models of household decisionmaking assume perfect information, empirical studies suggest that information asymmetries can have large impacts on resource allocation. In this study, I demonstrate the importance of these asymmetries in transnational households, where physical...

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Bibliographic Details
Main Author Ambler, Kate
Format Publication
LanguageEnglish
Published Washington, D.C 24.01.2015
International Food Policy Research Institute (IFPRI)
Subjects
D13 Household Production and Intrahousehold Allocation
D82 Asymmetric and Private Information, Mechanism Design
F24 Remittances
households
information asymmetries
intrahousehold allocation
O15 Economic Development: Human Resources, Human Development, Income Distribution, Migration
remittances
Resource allocation
transnational households
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Summary:Although most theoretical models of household decisionmaking assume perfect information, empirical studies suggest that information asymmetries can have large impacts on resource allocation. In this study, I demonstrate the importance of these asymmetries in transnational households, where physical distance between family members can make information barriers especially acute. IFPRI1; Theme 2; Subtheme 2.3; GRP23
Bibliography:MTID