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In the present paper, we adopt the collective approach to consumer behavior - which supposes that each household member is characterized by his/her own preferences and that the decision process results in Pareto-efficient outcomes - and assume, in addition, that agents are egoistic and...
Persistent link: https://www.econbiz.de/10005509930
In this paper, we present a collective model of household demand based on Pareto-efficiency. In addition, we suppose that (a) each household member is egoistic and consumption is purely private, (b) there is a set of distribution factors and (c) there is one exclusive good. Then we derive the...
Persistent link: https://www.econbiz.de/10005466978
In this paper, we deal with female labour supply in the collective framework (Chiappori, Journal of Political Economy (1992)). We study married couples and start from the empirical observation that the husband's labour supply is generally determined by exogenous constraints. We then show that,...
Persistent link: https://www.econbiz.de/10005572492
This article deals with female labour supply in the collective framework. It studies married couples and starting from the empirical observation that the husband's labour supply is generally fixed at full-time. It shows that, in this case, structural elements of the decision process, such as...
Persistent link: https://www.econbiz.de/10005232001
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/10005233879
Dans cet article, je considère un modèle collectif d'heure de travail sous l'hypothèse que la consommation est purement publique. Je montre, ensuite, que le processus de décision peut être décrit par un équilibre de Lindahl. Les dotations, les préférences et les prix du bien public de...
Persistent link: https://www.econbiz.de/10005170086
Persistent link: https://www.econbiz.de/10005158820
We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the 'collective' indirect utility functions that are retrieved from observed behavior will be unbiased if and only if the retrieved from...
Persistent link: https://www.econbiz.de/10005188058
Persistent link: https://www.econbiz.de/10005188071
Chiappori, Fortin and Lacroix [2001] estimate a model of collective labor supply on US data. We adopt the same empirical specification and investigate household labor supply in France. We account for the non-linearity of the budget set. We note that the data validate only partially the...
Persistent link: https://www.econbiz.de/10005066237