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preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing … and recovery tools for the general collective consumption model, which imposes minimal a priori structure. Interestingly …, the proposed testing and recovery methodology can be implemented through integer programming (IP and MILP), which is …
Persistent link: https://www.econbiz.de/10008516194
preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing … and recovery tools for the general collective consumption model, which imposes minimal a priori structure. Interestingly …, the proposed testing and recovery methodology can be implemented through integer programming (IP and MILP), which is …
Persistent link: https://www.econbiz.de/10005762164
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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/10010269151
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/10010267486