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| Anne-Sophie Billet, Claire Papaix and Mathias Reymond |
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| ''Connected objects: Economic modelling of time arbitrage'' |
| ( 2024, Vol. 44 No.2 ) |
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| The aim of this article is to propose a general analytical framework that can be transposed to different experiments and studies about individual preferences for connected objects (CO) at home. From revealed individual preferences for CO over time, as a substitute for non-connected time, we formalise a simple microeconomic optimisation model applied to two individuals assumed to share the same home. We show that individual preferences naturally seek a balance between time passed on CO, social link with the housemate and time devoted to other activities. |
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| Keywords: Connected objects; smart homes; time arbitrage; social interactions; wellbeing. |
JEL: D1 - Household Behavior: General
L8 - Industry Studies: Services: General |
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| Manuscript Received : Jan 18 2024 | | Manuscript Accepted : Jun 30 2024 |
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