Showing 1 - 10 of 79
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The …, monotonicity is testable for the model that assumes all household consumption is public. -- Collective model ; consumption ; Pareto …
Persistent link: https://www.econbiz.de/10003771615
Persistent link: https://www.econbiz.de/10003824490
Persistent link: https://www.econbiz.de/10003824494
Persistent link: https://www.econbiz.de/10008697120
Persistent link: https://www.econbiz.de/10009378605
Persistent link: https://www.econbiz.de/10010376933
We develop a novel framework to analyze the structural implications of the marriage market for household consumption … patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is … observation per household and individual preferences are heterogeneous across households. In addition, the characterization allows …
Persistent link: https://www.econbiz.de/10010337411
Persistent link: https://www.econbiz.de/10010350931
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference … heterogeneity across individuals in different households, and requires only a single consumption observation per household. Our main …
Persistent link: https://www.econbiz.de/10011543531
We develop a novel framework to analyze the structural implications of the marriage market for household consumption …. We define a revealed preference characterization of efficient household consumption when the marriage is stable … characterization generates testable conditions even with a single consumption observation per household and heterogeneous individual …
Persistent link: https://www.econbiz.de/10010412294