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We present a comprehensive model of household economic decision covering both full cooperation and noncooperation as well as semi-cooperative cases, varying with income distribution and a parameter vector <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$\theta $$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mrow> <mi mathvariant="italic">θ</mi> </mrow> </math> </EquationSource> </InlineEquation> representing degrees of individual autonomy with respect to the...</equationsource></equationsource></inlineequation>
Persistent link: https://www.econbiz.de/10010993623
A comprehensive model of economic household decision is presented which incorporates both fully cooperative and fully non-cooperative variants, parameterized by the income distribution, as well as a semi-cooperative variant, parameterized in addition by a vector B, representing the degrees of...
Persistent link: https://www.econbiz.de/10009320233
Competitive aggressiveness is analyzed in a simple spatial oligopolistic competition model, where each one of two firms supplies two connected market segments, one captive the other contested. To begin with, firms are simply assumed to maximize profit subject to two constraints, one related to...
Persistent link: https://www.econbiz.de/10005727886
The paper proposes a model of household behavior with both private and public consumption where the spouses independently maximize their utilities, but taking into account, together with their own individual budget constraints, the collective household budget constraint with public goods...
Persistent link: https://www.econbiz.de/10004965186