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Collective Household Consumption Behavior

Collective Household Consumption Behavior

Автор: Laurens Cherchye, Bram De Rock, Frederic Vermeulen, 102 стр., ISBN: 1601985363

Collective Household Consumption Behavior presents a nonparametric "revealed preference" methodology for analyzing collective consumption behavior in practical applications, while possibly accounting for externalities, public consumption, and the use of assignable quantity information. Collective Household Consumption Behavior considers two types of collective models: a?? the general collective model considers general preferences of the individual household members, which allow for externalities and public consumption within the household. a?? the special collective models that do not allow for consumption externalities. After the introduction, Section 2 sets the stage by introducing the revealed preference characterizations of the unitary model. Section 3 presents a collective model that allows for general individual preferences and discusses its revealed preference characterization. Sections 4 and 5 show how to bring this theoretical characterization to observational...
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