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Time as the Ultimate Source of Utility

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  • Richard Zeckhauser

Abstract

The barebones model, 668. — What role for goods? 669. — The complexity of time-related decisions, 670. — Externalities and schedules, 671. — Inefficient allocations, 672. — Valuing time allocations, 673.

Suggested Citation

  • Richard Zeckhauser, 1973. "Time as the Ultimate Source of Utility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(4), pages 668-675.
    • Handle: RePEc:oup:qjecon:v:87:y:1973:i:4:p:668-675.
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    File URL: http://hdl.handle.net/10.2307/1882037
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    Citations

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    Cited by:

    1. Wolfgang J. Fellner & Roman J. Seidl, 2015. "Satiated Consumers: Allocation of Consumption Time in an Affluent Society," Metroeconomica, Wiley Blackwell, vol. 66(3), pages 534-563, July.
    2. Jose Gimenez-Nadal & Almudena Sevilla-Sanz, 2011. "The Time-Crunch Paradox," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 102(2), pages 181-196, June.
    3. Mahmud Rice, James & Goodin, Robert E. & Parpo, Antti, 2006. "The Temporal Welfare State: A Crossnational Comparison," Journal of Public Policy, Cambridge University Press, vol. 26(3), pages 195-228, December.
    4. Jaspers, Esther, 2018. "Opening up on consumer materialism," Other publications TiSEM a21cb1c8-5af1-46cc-9ea0-a, Tilburg University, School of Economics and Management.
    5. Wolfgang Fellner & Roman Seidl, 2012. "The Relative Importance of Time and Money for Consumer Behavior and Prosperity," SRE-Disc sre-disc-2012_08, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    6. Mahesh D. Pandey & Jatin S. Nathwani, 2003. "Canada Wide Standard for Particulate Matter and Ozone: Cost‐Benefit Analysis Using a Life Quality Index," Risk Analysis, John Wiley & Sons, vol. 23(1), pages 55-67, February.
    7. Hélène Couprie & Gaëlle Ferrant, 2015. "Welfare Comparisons, Economies of Scale and Equivalence Scale in Time Use," Annals of Economics and Statistics, GENES, issue 117-118, pages 185-210.
    8. Monika Engler & Stefan Staubli, 2008. "The Distribution of Leisure Time Across Countries and Over Time," University of St. Gallen Department of Economics working paper series 2008 2008-14, Department of Economics, University of St. Gallen.
    9. Mohammed Abdellaoui & Emmanuel Kemel, 2014. "Eliciting Prospect Theory When Consequences Are Measured in Time Units: “Time Is Not Money”," Management Science, INFORMS, vol. 60(7), pages 1844-1859, July.
    10. Adamowicz, Wiktor L. & Graham-Tomasi, Theodore, 1987. "Time In Recreation Modeling And Decision Making," Staff Papers 14271, University of Minnesota, Department of Applied Economics.
    11. Lina Eriksson & James Rice & Robert Goodin, 2007. "Temporal Aspects of Life Satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 80(3), pages 511-533, February.
    12. Michael Bittman & Robert Goodin, 2000. "An Equivalence Scale for Time," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 52(3), pages 291-311, December.
    13. Krecik, Markus, 2024. "Preference dynamics: A procedurally rational model of time and effort allocation," Discussion Papers 2024/1, Free University Berlin, School of Business & Economics.
    14. Victoria Ateca-Amestoy, 2011. "Leisure and Subjective Well-being," Chapters, in: Samuel Cameron (ed.), Handbook on the Economics of Leisure, chapter 4, Edward Elgar Publishing.

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