{"product_id":"hierarchy-of-needs-and-the-measurement-of-poverty-and-standards-of-living-paperback-softback-9781009358170","title":"Hierarchy of Needs and the Measurement of Poverty and Standards of Living (Paperback \/ softback) 9781009358170","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eHierarchy of Needs and the Measurement of Poverty and Standards of Living\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eUsing Eurobarometer and Israeli data the Element analyzes the orders of acquisition of durable goods and curtailment of expenditures.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJoseph Deutsch (Author), Jacques Silber (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781009358170, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 22 February 2024\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e102 pages\u003cbr\u003e23 x 15 x 0.5 cm, 0.14 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. An empirical illustration follows, based on the 2019 Eurobarometer Survey. The Element ends with two sections showing first how measures of inequality, poverty and welfare may be derived from such an order of acquisition, second that there is also an order of curtailment of expenditures when individuals face financial difficulties. This title is also available as Open Access on Cambridge Core.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Introduction\u003cbr\u003e 2. Economics and Hierarchical Choice\u003cbr\u003e 3. Deriving the order of acquisition of durable goods and assets: methodologies\u003cbr\u003e 4. Deriving the order of acquisition of durable goods and assets: empirical illustrations\u003cbr\u003e 5. The order of acquisition of durable goods and assets and the measurement of inequality, poverty, and welfare\u003cbr\u003e 6. On the order of curtailment of expenditures\u003cbr\u003e 7. Concluding comments.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Brand New","offer_id":52413990797592,"sku":"9781009358170","price":16.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781009358170i.jpg?v=1784334096","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/hierarchy-of-needs-and-the-measurement-of-poverty-and-standards-of-living-paperback-softback-9781009358170","provider":"Freshly Printed Books","version":"1.0","type":"link"}