Cherchye, Laurens; Rock, Bram De; Vermeulen, Frederic - Centrum voor Economische Studiën, Faculteit Economie … - 2008
We provide a nonparametric ‘revealed preference’ characterization of rational household behavior in terms of the collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a Collective Axiom of Revealed Preference (CARP), which...