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collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …
Persistent link: https://www.econbiz.de/10011092805
collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …
Persistent link: https://www.econbiz.de/10005822743
We present a nonparametric revealed preference methodology for empirically analyzing collective consumption behavior …. First, we introduce an integer programming (IP) methodology for testing data consistency with collective consumption models …
Persistent link: https://www.econbiz.de/10013156456
We provide two methods to compute the largest subset of a set of observations that is consistent with the Generalised Axiom of Revealed Preference. The algorithm provided by Houtman and Maks (1985) is not comput ationally feasible for larger data sets, while our methods are not limited in that...
Persistent link: https://www.econbiz.de/10010442321
We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with … consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare … preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing …
Persistent link: https://www.econbiz.de/10012729024
We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with … consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare … preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing …
Persistent link: https://www.econbiz.de/10013316820
subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …
Persistent link: https://www.econbiz.de/10010262418
There is vast literature examining how households’ income and consumption change over the life cycle. These studies …
Persistent link: https://www.econbiz.de/10010612957
There is vast literature examining how households’ income and consumption change over the life cycle. These studies …
Persistent link: https://www.econbiz.de/10010603803
subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …
Persistent link: https://www.econbiz.de/10011339086