We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …

volatility of income of individual consumers and higher destruction of consumption matches. This lowers profits and further …

. Underlying their measures of uncertainty is the hypothesis that an increase in uncertainty leads to lower consumption by …