Showing 11 - 20 of 586
Recently, a new theoretical framework has been proposed to analyze the behavior of households composed of two adults. This approach, usually referred to has the “collective model”, assumes that spouses have distinct preferences and that household decisions are Pareto efficient. So far, most...
Persistent link: https://www.econbiz.de/10008510353
Recently, a new theoretical framework has been proposed to analyze the behavior of households composed of two adults. This approach, usually referred to has the collective model, assumes that spouses have distinct preferences and that household decisions are Pareto efficient. So far, most...
Persistent link: https://www.econbiz.de/10005101019
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated children through the "caring preferences" of their...
Persistent link: https://www.econbiz.de/10005015324
Récemment, un nouveau cadre théorique d'analyse s'est développé dans le but d'analyser les comportements des ménages avec deux conjoints. Cette approche, qualifiée de modèle collectif, suppose que chaque conjoint a des préférences individuelles et que les choix du ménage sont...
Persistent link: https://www.econbiz.de/10005696301
Persistent link: https://www.econbiz.de/10012025023
Collective rationality is seldom if ever rejected in the literature, raising doubt about its falsifiability. We show that the standard approach to test the collective model with distribution factors may yield misleading inference. We generalize the model and provide an appropriate test procedure...
Persistent link: https://www.econbiz.de/10010513435
Persistent link: https://www.econbiz.de/10011897840
Collective rationality is seldom if ever rejected in the literature, raising doubt about its falsifiability. We show that the standard approach to test the collective model with distribution factors may yield misleading inference. We develop a new test procedure to assess its validity. Our...
Persistent link: https://www.econbiz.de/10012919789
Persistent link: https://www.econbiz.de/10009134547
Collective rationality is seldom if ever rejected in the literature, raising doubt about its falsifiability. We show that the standard approach to test the collective model with distribution factors may yield misleading inference. We generalize the model and provide an appropriate test procedure...
Persistent link: https://www.econbiz.de/10013023396