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Intra-household Bargaining
Intra-household bargaining refers to negotiations that occur between members of a household in order to arrive at decisions regarding the household unit, like whether to spend or save, whether to study or work. Bargaining is traditionally defined in economic terms of negotiating conditions of a purchase or contract and is sometimes used in place of direct monetary exchange. Bargaining process within a family is one of the important aspects of family economics. Bargaining also plays a role in the functioning and decision making of households, where agreements and decisions do not often have direct monetary values and affect various members of the household. Household dynamics The household is traditionally described as a single economic unit that "works as a group for its own good", meaning all members of the household contribute in an altruistic manner towards the benefit and functioning of the entire household. The household is "the basic residential unit in which economic producti ...
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Negotiation
Negotiation is a dialogue between two or more people or parties to reach the desired outcome regarding one or more issues of conflict. It is an interaction between entities who aspire to agree on matters of mutual interest. The agreement can be beneficial for all or some of the parties involved. The negotiators should establish their own needs and wants while also seeking to understand the wants and needs of others involved to increase their chances of closing deals, avoiding conflicts, forming relationships with other parties, or maximizing mutual gains. The goal of negotiation is to resolve points of difference, gain an advantage for an individual or collective, or craft outcomes to satisfy various interests. Distributive negotiations, or compromises, are conducted by putting forward a position and making concessions to achieve an agreement. The degree to which the negotiating parties trust each other to implement the negotiated solution is a major factor in determining ...
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Common-pool Resource
In economics, a common-pool resource (CPR) is a type of good consisting of a natural or human-made resource system (e.g. an irrigation system or fishing grounds), whose size or characteristics makes it costly, but not impossible, to exclude potential beneficiaries from obtaining benefits from its use. Unlike pure public goods, common pool resources face problems of congestion or overuse, because they are subtractable. A common-pool resource typically consists of a core resource (e.g. water or fish), which defines the ''stock variable'', while providing a limited quantity of extractable fringe units, which defines the ''flow variable''. While the core resource is to be protected or nurtured in order to allow for its continuous exploitation, the fringe units can be harvested or consumed. Examples of a Common-Pool Resource Common-pool goods are typically regulated and nurtured in order to prevent demand from overwhelming supply and allow for their continued exploitation. Examples of ...
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Cooperative Game Theory
In game theory, a cooperative game (or coalitional game) is a game with competition between groups of Player (game), players ("coalitions") due to the possibility of external enforcement of cooperative behavior (e.g. through contract law). Those are opposed to non-cooperative games in which there is either no possibility to forge alliances or all agreements need to be Self-enforcing agreement, self-enforcing (e.g. through credible threats). Cooperative games are often analysed through the framework of cooperative game theory, which focuses on predicting which coalitions will form, the joint actions that groups take and the resulting collective payoffs. It is opposed to the traditional Non-cooperative game, non-cooperative game theory which focuses on predicting individual players' actions and payoffs and analyzing Nash equilibria. Cooperative game theory provides a high-level approach as it only describes the structure, strategies and payoffs of coalitions, whereas non-cooperativ ...
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Game Theory
Game theory is the study of mathematical models of strategic interactions among rational agents. Myerson, Roger B. (1991). ''Game Theory: Analysis of Conflict,'' Harvard University Press, p.&nbs1 Chapter-preview links, ppvii–xi It has applications in all fields of social science, as well as in logic, systems science and computer science. Originally, it addressed two-person zero-sum games, in which each participant's gains or losses are exactly balanced by those of other participants. In the 21st century, game theory applies to a wide range of behavioral relations; it is now an umbrella term for the science of logical decision making in humans, animals, as well as computers. Modern game theory began with the idea of mixed-strategy equilibria in two-person zero-sum game and its proof by John von Neumann. Von Neumann's original proof used the Brouwer fixed-point theorem on continuous mappings into compact convex sets, which became a standard method in game theory and mathema ...
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South Asia
South Asia is the southern subregion of Asia, which is defined in both geographical and ethno-cultural terms. The region consists of the countries of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.;;;;;;;; Topographically, it is dominated by the Indian subcontinent and defined largely by the Indian Ocean on the south, and the Himalayas, Karakoram, and Pamir mountains on the north. The Amu Darya, which rises north of the Hindu Kush, forms part of the northwestern border. On land (clockwise), South Asia is bounded by Western Asia, Central Asia, East Asia, and Southeast Asia. The South Asian Association for Regional Cooperation (SAARC) is an economic cooperation organization in the region which was established in 1985 and includes all eight nations comprising South Asia. South Asia covers about , which is 11.71% of the Asian continent or 3.5% of the world's land surface area. The population of South Asia is about 1.9 billion or about one- ...
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Bina Agarwal
Bina Agarwal is an Indian development economist and Professor of Development Economics and Environment at the Global Development Institute at The University of Manchester. She has written extensively on land, livelihoods and property rights; environment and development; the political economy of gender; poverty and inequality; legal change; and agriculture and technological transformation. Among her best known works is the award-winning book—''A Field of One's Own: Gender and Land Rights in South Asia''—which has had a significant impact on governments, NGOs, and international agencies in promoting women's rights in land and property. This work has also inspired research in Latin America and globally. Early life Agarwal's parents were Suraj Mal and Shyama Devi Agarwal, Agarwal named a book prize in their honour. She earned her B.A. and M.A. from the University of Cambridge, and her doctorate in Economics from the Delhi School of Economics, University of Delhi, her dissert ...
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Housewife Hidden Savings
Housewife hidden savings is a type of savings traditionally kept in the home by housewives in non-egalitarian marriages who are unbanked. It can be seen as a form of resistance to patriarchy, as well as a hedge against a husband's profligacy or as a contingency fund, or as security in case of divorce. The phenomenon exists in multiple countries, and can become a social or political issue, for example in the 2016 Indian banknote demonetisation. In some societies, this surreptitious custom is attached to a particular term, idiom, or other cultural expression: In Japan, it is referred to as ''hesokuri'' ("navel hoarding"), or in the past it was ''haribako-gin'' ("sewing box silver"); in Germany, it is referred to as ''schwarze Kasse'' ("black coffer"); and in Eastern European Jewish communities, it is called the ''knipl'' ("knot", as in a knotted kerchief A kerchief (from the Old French ''couvrechief'', "cover head"), also known as a bandana, bandanna, or "Wild Rag" (in cowboy cult ...
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Feminist Economics (journal)
''Feminist Economics'' is a peer-reviewed academic journal published by Routledge and the International Association for Feminist Economics (IAFFE) in the field of feminist economics. According to the ''Journal Citation Reports'', the journal has a 2015 impact factor of 1.154, ranking it 16th out of 40 journals in the category "Women's Studies". History IAFFE established the journal in 1995, with Diana Strassmann as its founding editor. ''Feminist Economics'' was voted "Best New Journal" by the Council of Editors of Learned Journals in 1997. See also * List of women's studies journals This is a list of peer-reviewed, academic journals in field of women's studies. ''Note'': there are many important academic magazines that are not true peer-reviewed journals. They are not listed here. A *'' Affilia'' * ''Asian Journal of ... References External links * Economics journals English-language journals Feminist economics Feminist journals Publications establ ...
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Care Work
Care work is a sub-category of work that includes all tasks that directly involve care processes done in service of others. It is often differentiated from other forms of work because it is considered to be intrinsically motivated. This perspective defines care labor as labor undertaken out of affection or a sense of responsibility for other people, with no expectation of immediate pecuniary reward.. Regardless of motivation, care work includes care activities done for pay as well as those done without remuneration. Care work refers to those occupations that provide services that help people develop their capabilities, or the ability to pursue the aspects of their lives that they value. Examples of these occupations include child care, all levels of teaching (from preschool through university professors), and health care of all types (nurses, doctors, physical therapists and psychologists). Care work also includes the array of domestic unpaid work that is often disproportionatel ...
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Norms (sociology)
Social norms are shared standards of acceptable behavior by groups. Social norms can both be informal understandings that govern the behavior of members of a society, as well as be codified into rules and laws. Social normative influences or social norms, are deemed to be powerful drivers of human behavioural changes and well organized and incorporated by major theories which explain human behaviour. Institutions are composed of multiple norms. Norms are shared social beliefs about behavior; thus, they are distinct from "ideas", " attitudes", and "values", which can be held privately, and which do not necessarily concern behavior. Norms are contingent on context, social group, and historical circumstances. Scholars distinguish between regulative norms (which constrain behavior), constitutive norms (which shape interests), and prescriptive norms (which prescribe what actors ''ought'' to do). The effects of norms can be determined by a logic of appropriateness and logic of conseque ...
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Social Safety Net
The social safety net (SSN) consists of non-contributory assistance existing to improve lives of vulnerable families and individuals experiencing poverty and destitution. Examples of SSNs are previously-contributory social pensions, in-kind and food transfers, conditional and unconditional cash transfers, fee waivers, public works, and school feeding programs. The core idea of SSN can be understood as an analogy to a circus artist walking on a tightrope with a net hanging under it, ready to catch the artist if she falls. It is not helping her to get up on the line again, but prevents her from falling to the ground, avoiding potentially life-threatening damages. In the same way, the economic social safety net provides a certain minimum amount of welfare or safety that the society has agreed that no one should fall below. Definitions There is no exact and unified definition of the concept of SSN. The World Bank has one of the widest definitions, but multiple definitions are used b ...
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Non-governmental Organization
A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in humanitarianism or the social sciences; they can also include clubs and associations that provide services to their members and others. Surveys indicate that NGOs have a high degree of public trust, which can make them a useful proxy for the concerns of society and stakeholders. However, NGOs can also be lobby groups for corporations, such as the World Economic Forum. NGOs are distinguished from international and intergovernmental organizations (''IOs'') in that the latter are more directly involved with sovereign states and their governments. The term as it is used today was first introduced in Article 71 of the newly-formed United Nations' Charter in 1945. While there is no fixed or formal definition for what NGOs are, they are genera ...
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