Showing 1 - 10 of 99
Do individuals marry and divorce for economic reasons? Can we measure the economic attractiveness of a person's marriage market? We answer these questions using a structural model of consumer‐producer households that is applied to rich data from Malawi. Using revealed preference conditions for...
Persistent link: https://www.econbiz.de/10012637236
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the collective consumption model, while accounting for general individual preferences that can be non-convex. Our main result is the Collective Afriat Theorem, which parallels the...
Persistent link: https://www.econbiz.de/10011183114
We apply the collective consumption model of Browning et al. (2010) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule that governs the...
Persistent link: https://www.econbiz.de/10011194275
We propose a collective labor supply model with household production that generalizes a model of Blundell, Chiappori, and Meghir (2005). Adults' preferences depend not only on own leisure and individual private consumption of market goods. They also depend on the consumption of domestic goods,...
Persistent link: https://www.econbiz.de/10010815562
There is a general interest in ranking performances (e.g., in sports or policy) that essentially implies aggregating several performance dimensions. The usual approach considers a “cardinal†linear weighting of the different single-dimensional performance indicators. The authors...
Persistent link: https://www.econbiz.de/10010778333
Robust Rankings of Multidimensional Performances: An Application to Tour de France Racing CyclistsDr. Knut M. Wittkowski (The Rockefeller University) pointed out that his u-score given in Equation 3 of Wittkowski (2003) and Equation 3 in Wittkowski, Lee, Nussbaum, Chamian, and Krueger (2004) is...
Persistent link: https://www.econbiz.de/10010778388
We review a nonparametric "revealed preference" methodology for analyzing collective consumption behavior in practical applications. The methodology allows for accounting for externalities, public consumption, and the use of assignable quantity information in the consumption analysis. This...
Persistent link: https://www.econbiz.de/10010990811
Sharp nonparametric bounds are derived for counterfactual demands and Hicksian compensating and equivalent variations. These "i-bounds" refine and extend earlier results of Blundell, Browning, and Crawford (2008). We show that their bounds are sharp under the Weak Axiom of Revealed Preference...
Persistent link: https://www.econbiz.de/10011145208
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the collective consumption model, while accounting for general individual preferences that can be non-convex. Our main result is the Collective Afriat Theorem, which parallels the...
Persistent link: https://www.econbiz.de/10008507126
We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the...
Persistent link: https://www.econbiz.de/10005697073