China wishes to decrease its birth rate so institutes its draconian one-child policy. Japan has no such policy, but its population growth rate has fallen negative. Can China copy whatever Japan is doing?
The theory is that Japanese couples are choosing not to have children because of uncertainty about having enough income to raise a child. However, couples in China and other third-world countries are choosing to have children despite being nearly guaranteed to have less income than a Japanese family.
What is the decision-making procedure by which a couple chooses to have children? Can government policies affect birth rate? Ignoring the "noise" of actions driven by lust (statistically, I speculate that this term is small), are people's actions rational?
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