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Nonparametric analysis of household labor supply: goodness-of-fit and power of the unitary and the collective model

Cherchye, Laurens; Vermeulen, Frederic - 2006

We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the...

Persistent link: https://www.econbiz.de/10010267486

Opening the black box of intra-household decision-making: theory and non-parametric empirical tests of general collective consumption models

Cherchye, Laurens; De Rock, Bram; Vermeulen, Frederic - 2005

-household decision-making. …

Persistent link: https://www.econbiz.de/10010267601

The revealed preference approach to collective consumption behavior: testing, recovery and welfare analysis

Cherchye, Laurens; De Rock, Bram; Vermeulen, Frederic - 2007

We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare-related questions. First, we provide a nonparametric...

Persistent link: https://www.econbiz.de/10010268456

An Afriat theorem for the collective model of household consumption

Cherchye, Laurens; De Rock, Bram; Vermeulen, Frederic - 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 provides...

Persistent link: https://www.econbiz.de/10010269151

Revealed preferences, choices, and psychological indexes

Soraperra, Ivan - 2009

This paper develops a model of choice that embeds some psychological aspects affecting decision maker's behaviour. In … the model, the decision maker attaches an unobservable psychological index -representing, e.g., the level of perceived … availability or the level of salience- to each alternative in a universal collection. Choice behaviour of the decision maker is …

Persistent link: https://www.econbiz.de/10010280751

Sharing rule identification for general collective consumption models

Cherchye, Laurens; De Rock, Bram; Lewbel, Arthur; … - 2012

We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household consumption model. Unlike the effects of distribution factors, it is well known that the level of the sharing rule cannot be uniquely identified without strong assumptions on...

Persistent link: https://www.econbiz.de/10010282606

Inconsistent and Lexicographic Choices in Stated Preference Analysis

Rouwendal, Jan; de Blaeij, Arianne T. - 2004

In stated choice (SC) data inconsistent and lexicographic choice behavior is often observed. It is sometimes recommended to remove data with these characteristics from the analysis. In this paper we reconsider this recommendation. In our data many respondents have inconsistent choice patterns,...

Persistent link: https://www.econbiz.de/10010325432

Preference diversity orderings

Karpov, Alexander - 2016

This paper surveys approaches to preference diversity measurement. Applying preference diversity axiomatics, a generalization of the Alcalde-Unzu and Vorsatz (2016) criterion, is developed. It is shown that all previously used indices violate this criterion. Two new indices (geometric mean based...

Persistent link: https://www.econbiz.de/10011688276

Contraction consistent stochastic choice correspondence

Dasgupta, Indraneel - 2009

We model a general choice environment via probabilistic choice correspondences, with (possibly) incomplete domain and infinite universal set of alternatives. We offer a consistency restriction regarding choice when the feasible set contracts. This condition, 'contraction consistency', subsumes...

Persistent link: https://www.econbiz.de/10010269469

A salience theory of choice errors

Manzini, Paola; Mariotti, Marco - 2010

We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after …

Persistent link: https://www.econbiz.de/10010269842

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