Sleep and the management of alertness
Asgeirsdottir, T. and Olafsson, S. and Zoega, Gylfi (2016) Sleep and the management of alertness. Mind & Society , ISSN 1593-7879.
Abstract
Sleep has received limited attention in economics and sleep duration is usually made exogenous and fixed in models of time allocation. In our framework sleeping involves investing in alertness but also a sacrifice of waking time. We show how the inter-temporal utility-maximization problem on the length of sleep is analogous to the optimality conditions for resource extraction. We then test the theoretical predictions that emerge from the model, which include the effects of labor market opportunities and having children, on sleep patterns.
Metadata
| Item Type: | Article |
|---|---|
| Keyword(s) / Subject(s): | Alertness, sleep, efficiency |
| School: | School of Business, Economics & Informatics > Economics, Mathematics and Statistics |
| Research Centres and Institutes: | Applied Macroeconomics, Birkbeck Centre for |
| Depositing User: | Gylfi Zoega |
| Date Deposited: | 25 May 2016 13:32 |
| Last Modified: | 07 Dec 2016 14:54 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/15294 |
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