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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,...
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The family is a complex decision unit in which partners with potentially different objectives make consumption, work, and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book...
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Recommended readings (Machine generated): 1. Gary S. Becker (1965), 'A Theory of the Allocation of Time', Economic … theory, from the initial 'unitary' model that postulates that the family behaves as a single decision maker, to modern …
Persistent link: https://www.econbiz.de/10012432085
theory, from the initial 'unitary' model that postulates that the family behaves as a single decision maker, to modern …
Persistent link: https://www.econbiz.de/10012698086