• • • • • • – – plagiarism: Don't copy and paste someone else's words into your notes or drafts; including your – – – – –
called "quantity quality" model of fertility and explain how this model shows that the "marginal cost of children depends on the chosen quality". Discuss also Black, Devereux and Salvanes (2005) in "The More the Merrier? The Effect of Family Size and Birth Order on Children's Education", published in the
i j U12 = 5 – j i Uij Vij 1 2 U12 = 8 1 2 3 4 1 4, 3 8,5 6, 55, 1 2 2, 6 7, 8 5, 16, 4 3 8,8 1, 1 3, 75, 6 4 3, 4 6, 4 7, 3 2, 8