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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/10005762164
We provide a .first nonparametric (revealed preference) test of the collective consumption model on the basis of experimental data. By using nonparametric testing tools and experimental data, we avoid the usual problems associated with parametric tests (e.g. non-verifiable parametric structure)...
Persistent link: https://www.econbiz.de/10005418896
We present a nonparametric 'revealed preference' methodology for empiri- cally analyzing collective consumption behavior. First, we introduce an integer programming (IP) methodology for testing data consistency with collective con- sumption models that account for publicly as well as privately...
Persistent link: https://www.econbiz.de/10011090549
conditions of household consumption models with varying degrees of cooperation. Using these conditions, we show independence (or …
Persistent link: https://www.econbiz.de/10011090797
We present a household consumption model that accounts for caring house- hold members, while allowing for … caring between the household members. By varying the degree of in- trahousehold caring, the model encompasses a whole … continuum of household consumption models that are situated between the fully cooperative model and the noncooperative model …
Persistent link: https://www.econbiz.de/10011092325
household consumption model. Unlike the effects of distribution factors, it is well known that the level of the sharing rule … get these bounds by applying revealed preference restrictions implied by the collective model to the household …, private, or assignable within the household, though having such information tightens the bounds. An empirical application …
Persistent link: https://www.econbiz.de/10011092688
We provide a revealed preference analysis of the transferable utility hypothesis, which is widely used in economic models. First, we establish revealed preference conditions that must be satisfied for observed group behavior to be consistent with Pareto efficiency under transferable utility....
Persistent link: https://www.econbiz.de/10011092784
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. …
Persistent link: https://www.econbiz.de/10011092805
Persistent link: https://www.econbiz.de/10010826328
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