Showing 1 - 10 of 177
We apply the collective consumption model of Browning, Chiappori and Lew- bel (2006) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule...
Persistent link: https://www.econbiz.de/10011090930
We propose a collective labor supply model with household production that generalizes an original model of Blundell, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual private consumption of market goods. They also depend on...
Persistent link: https://www.econbiz.de/10011090416
In this paper we investigate the effects of subsidizing low-skilled, labourintensive services hired by high-skilled individuals in the presence of labour income taxation. Whether such a subsidy can be Paretoimproving depends crucially on the degree of substitutability of both types of labour in...
Persistent link: https://www.econbiz.de/10011091270
This paper studies the consequences of asymmetric litigation costs. Under three differ- ent protocols: static legal process, dynamic legal process with exogenous sequencing and dynamic legal process with endogenous sequencing, solutions are obtained for the litigation efforts and the expected...
Persistent link: https://www.econbiz.de/10011090563
The division of a cake by n players is modeled as a game of timing. We show that such games admit a unique Nash equilibrium.
Persistent link: https://www.econbiz.de/10011091953
AMS Classifications: 91A06; 91A10; 91A12
Persistent link: https://www.econbiz.de/10011092002
We study social preferences in a three-person ultimatum game experiment with one proposer and two responders.Any responder can unilaterally punish the proposer.In three treatments, we vary the pecuniary consequences of rejection in such a way that upon rejection of one responder the other...
Persistent link: https://www.econbiz.de/10011092722
of fairness before judging a situation and acting upon it. If someone takes a bundle of printing paper from the office … fairness perception influences peer reporting in this situation of incorrect behavior. …
Persistent link: https://www.econbiz.de/10011090829
We present a nonparametric 'revealed preference' methodology for empiri- cally analyzing collective consumption behavior. First, we introduce an integer programming (IP) methodology for testing data consistency with collective con- sumption models that account for publicly as well as privately...
Persistent link: https://www.econbiz.de/10011090549
We develop a revealed preference approach to analyze non-unitary con- sumption models with intrahousehold allocations deviating from the cooper- ative (or Pareto e¢ cient) solution. At a theoretical level, we establish re- vealed preference conditions of household consumption models with...
Persistent link: https://www.econbiz.de/10011090797