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on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor … preferences. -- Consumption ; labor supply ; intra-household allocation ; non-cooperative model ; public goods …
Persistent link: https://www.econbiz.de/10003872703
model offers to each household a menu of possible rate sets obtained by maximizing a collective welfare function subject to … three types of restriction: Pareto efficiency (no household is worse off under the proposed pricing scheme than under the … current pricing scheme); incentive compatibility (every household weakly prefers its set of rates to the sets chosen by other …
Persistent link: https://www.econbiz.de/10012961646
We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games" with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10013073250
We propose a method to recover homothetic preferences from choice data with minor optimization or measurement errors. Our method allows for a more detailed graphical analysis to reveal subjects' preferences and to choose appropriate functional forms for parametric analysis. It can also be used...
Persistent link: https://www.econbiz.de/10011773009
We propose a method to recover homothetic preferences from choice data with minor optimization or measurement errors. Our method allows for a more detailed graphical analysis to reveal subjects' preferences and to choose appropriate functional forms for parametric analysis. It can also be used...
Persistent link: https://www.econbiz.de/10011754165
Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto … planted with the same crop in the same year, within a given household, those controlled by women produce lower yields than the … years, households try to avoid losses from Pareto inefficiency. -- intrahousehold allocation ; collective household models …
Persistent link: https://www.econbiz.de/10003287812
Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto … planted with the same crop in the same year, within a given household, those controlled by women produce lower yields than the …
Persistent link: https://www.econbiz.de/10012784076
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013168051
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013175695
their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …
Persistent link: https://www.econbiz.de/10011957498