Example

Setup for a Household Work-Leisure Choice Model (Ana and Luis)

This example establishes a model to analyze gender-based work patterns using a hypothetical couple, Ana and Luis, with two young children. The model's initial conditions assume they have identical preferences and skills, both earn a wage of $30 per hour, and the household requires 14 hours of unpaid domestic work daily. The couple has a combined 48 hours per day to allocate among paid work, domestic labor, and non-work activities, operating under specific agreements about how to share consumption and total work time.

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Updated 2026-05-02

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Introduction to Microeconomics Course

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