Cherchye, L.J.H.; de Rock, B.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2008
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a Collective Axiom of Revealed Preference (CARP), which provides...
