1975
DOI: 10.1086/260322
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The Relevance of the Household Production Function and Its Implications for the Allocation of Time

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Cited by 416 publications
(151 citation statements)
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“…5 In the Beckerian 5 See Pollak and Wachter (1975) for a critique based on the fact that the same unit of time may be inputs into multiple commodities. In this section, we abstract from such "joint production" and simply note that this critique is relevant for market time as well.…”
Section: The Importance Of Understanding the Allocation Of Timementioning
confidence: 99%
“…5 In the Beckerian 5 See Pollak and Wachter (1975) for a critique based on the fact that the same unit of time may be inputs into multiple commodities. In this section, we abstract from such "joint production" and simply note that this critique is relevant for market time as well.…”
Section: The Importance Of Understanding the Allocation Of Timementioning
confidence: 99%
“…The household aodel aa depicted ia characterized by joint production (Pollak and Wachter, 1975) .in tre sense that a subaet of goods Y (molting, for exam-3 ple) both af fect1 child hE:alth and contributes to utility directly. For aillplici ty, only one production process is discussed, but the aodel can be easily ge~eralized to depict aany processes vithout changing its major 1.Jlplications.…”
Section: Imentioning
confidence: 99%
“…The data requirements and estiaation problems involved in •eparating out both the characteristics of the utility function and the underlying health technology are clearly formidable (aee Barnett, 1977 andPollak and-Wachter, 1977). However, the notion that the health production inputs are behavioral· variables also implies that even if only infoi'aation on the technology of health productioti vere desired, having aeuurea of all important behavioral inputs and the health output vould not be adequate to des-…”
Section: B Heterogeneity and The Health Technologymentioning
confidence: 99%
“…Following Pollak and Wachter (1975), we further assume that there are constant returns to scale in the household technologies and that there is nonjointness in production: a given input can only be used for the production of a sole nonmarket good. The household's maximization problem is then equal to: max z;q 1 ;:::;q k ;t 1 ;:::;t k ;t m u(z) (2) subject to…”
Section: Becker' S Time Allocation Modelmentioning
confidence: 99%