2006Journal of the University of Shanghai for Science and TechnologyRequires access

Perspective of utility and income influence of leisure preference

Lei Liang-hai

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Abstract

The paper points out that the utility of labor′s leisure should be considered,when the leisure is looked as a special kind of commodity.The notion of leisure surplus is brought forward and the influences of leisure surplus as well as labor leisure preference are analysed.The effect of leisure preference on income inequality is examined.It is of practically significance to guide leisure preference according to different levels for shortening income inequality and releaving labor supply over demand.

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What this paper is about

The paper points out that the utility of labor′s leisure should be considered,when the leisure is looked as a special kind of commodity.The notion of leisure surplus is brought forward and the influences of leisure surplus as well as labor leisure preference are analysed.The effect of leisure preference on income inequality is examined.It is of practically significance to guide leisure preference according to different levels for shortening income inequality and releaving labor supply over demand.

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Available abstract

The paper points out that the utility of labor′s leisure should be considered,when the leisure is looked as a special kind of commodity.The notion of leisure surplus is brought forward and the influences of leisure surplus as well as labor leisure preference are analysed.The effect of leisure preference on income inequality is examined.It is of practically significance to guide leisure preference according to different levels for shortening income inequality and releaving labor supply over demand.

Key concepts: Preference, Economics, Commodity, Inequality, Perspective (graphical), Revealed preference, Labour economics, Leisure time

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