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Persistent link: https://www.econbiz.de/10003824490
We consider the computational problem of testing whether observed household consumption behavior satisfies the … heuristics that are quite fast, that can be used to check reasonably large datasets for CARP and that can be of particular … these heuristics can be effective in testing CARP …
Persistent link: https://www.econbiz.de/10012722768
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/10003824494
Persistent link: https://www.econbiz.de/10008697120
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/10013324875
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 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
Persistent link: https://www.econbiz.de/10011628538