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Persistent link: https://www.econbiz.de/10015072117
This article considers non-unitary models of household behavior. These models suppose explicitly that households consist of a number of different members with preferences that are different from each other. They can be split up into two principal categories: cooperative (or collective) models,...
Persistent link: https://www.econbiz.de/10008514861
We discuss statistical inference problems associated with identification and testability in econometrics, and we …
Persistent link: https://www.econbiz.de/10005133053
We discuss statistical inference problems associated with identification and testability in econometrics, and we …
Persistent link: https://www.econbiz.de/10005133161
We consider the problem of determining the individual preference rankings that are necessarily implied by a dataset consisting of prices, income distributions and total resources. We show the equivalence between the compatibility with individual preference rankings and the existence of a...
Persistent link: https://www.econbiz.de/10004999758
We discuss statistical inference problems associated with identification and testability in econometrics, and we …
Persistent link: https://www.econbiz.de/10005100952
The fundamentals of an exchange economy, the preferences of individuals, can be identified from the competitive equilibrium correspondence, which associates equilibrium prices of commodities to allocations of endowments; the argument extends to production economies. The essential step is the...
Persistent link: https://www.econbiz.de/10005043651
Consider a model of bargaining, in which two players, 1 and 2, share a pie of size $y$. The bargaining environment is described by a set of parameters $\lambda$ that may affect agents' preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an...
Persistent link: https://www.econbiz.de/10005523760
Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set of parameters ? that may affect agents' preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement is...
Persistent link: https://www.econbiz.de/10005696311
This paper revisits testability of complementarity in economic models with multiple equilibria studied by Echenique and …
Persistent link: https://www.econbiz.de/10010658811