kotitalousmallit
Kotitalousmallit, often translated as household models, are simplified representations used in economics and social sciences to understand the decision-making processes and economic activities within a household. These models aim to capture the essential functions of a household, such as consumption, production of goods and services (including unpaid labor), savings, and investment.
A fundamental concept in many kotitalousmallit is the household as a single decision-making unit aiming to
Early models often treated households as passive consumers responding to market prices and their income. More
Kotitalousmallit are used to analyze a wide range of phenomena, including fertility decisions, educational attainment, savings