Arbeitspapier

Sleeping

Sleep is a source of energy. This energy is available in limited quantity and individuals must decide when it should be renewed and when it should be consumed. The economics of sleeping and the economics of resource extraction are one and the same. More specifically, utility maximization with respect to sleep satisfies Hotelling’s rule on the optimal utilization of natural resources. Several applications emerge from the analysis. These include the effects of labor-market opportunities on sleep patterns; the effect of having children; the consequences of the decreased division of labor within the household; and the relationship between sleep deprivation and obesity.

Language
Englisch

Bibliographic citation
Series: Working Paper Series ; No. W08:02

Classification
Wirtschaft
Consumer Economics: Theory
Household Production and Intrahousehold Allocation
Health Behavior
Marriage; Marital Dissolution; Family Structure; Domestic Abuse
Fertility; Family Planning; Child Care; Children; Youth
Time Allocation and Labor Supply
Human Capital; Skills; Occupational Choice; Labor Productivity
Renewable Resources and Conservation: General
Subject
Sleep
productivity
children
health
human capital
Haushaltsökonomik
Hotelling-Regel
Humankapital
Gesundheit
Fertilität
Produktivität
Theorie

Event
Geistige Schöpfung
(who)
Laufey Asgeirsdottir, Tinna
Gylfi Zoega
Event
Veröffentlichung
(who)
University of Iceland, Institute of Economic Studies (IoES)
(where)
Reykjavik
(when)
2008

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Laufey Asgeirsdottir, Tinna
  • Gylfi Zoega
  • University of Iceland, Institute of Economic Studies (IoES)

Time of origin

  • 2008

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