We propose a novel approach to model joint consumption decisions of individuals who care for each other. We assume non …-cooperative interaction between the different individuals and the within-group consumption outcome critically depends on the degree of caring … between the group members. By varying the degree of caring, the model encompasses a whole continuum of group consumption …

preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by … evaluating consumption externalities in monetary terms. We introduce an al- truism parameter and an inequality aversion parameter …

collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …

collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …

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 … preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing …

We review a nonparametric "revealed preference" methodology for analyzing collective consumption behavior in practical … applications. The methodology allows for accounting for externalities, public consumption, and the use of assignable quantity … information in the consumption analysis. This provides a framework for empirically assessing welfare-related questions that are …

subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …

subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …

There is vast literature examining how households’ income and consumption change over the life cycle. These studies …