The Revealed Preference Approach to Collective Consumption Behaviour: Testing and Sharing Rule Recovery.
We present a revealed preference methodology for empirically analysing collective consumption behaviour. First, we introduce an integer programming (IP) methodology for testing data consistency with collective consumption models that account for publicly as well as privately consumed goods. This IP...
| Publicado en: | Review of Economic Studies Vol. 78; no. 1; pp. 176 - 199 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Oxford University Press / UK
January 2011
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511452073&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511452073 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00346527 REM jtl: Review of Economic Studies issn: 00346527 maglogo: N pubinfo: dt: January 2011 vid: 78 iid: 1 pid: 622 pub: Oxford University Press / UK artinfo: ui: 511452073 10.1093/restud/rdq018 ppf: 176 ppct: 23 formats: tig: atl: The Revealed Preference Approach to Collective Consumption Behaviour: Testing and Sharing Rule Recovery. aug: au: Cherchye, Laurens Rock, Bram de Vermeulen, Frederic su: Mathematical models of consumption Integer programming Mathematical models Consumer preferences Collective behavior sug: subj: Mathematical models of consumption Integer programming Mathematical models Consumer preferences Collective behavior ab: We present a revealed preference methodology for empirically analysing collective consumption behaviour. First, we introduce an integer programming (IP) methodology for testing data consistency with collective consumption models that account for publicly as well as privately consumed goods. This IP methodology can include information on “assignable quantities” for private goods. Next, we show that the IP methodology allows for recovering the personalized (Lindahl) prices for the public goods and the personalized quantities for the private goods. In turn, this implies recovery of the sharing rule (i.e. personalized income share levels). An empirical application demonstrates the practical usefulness of the methodology. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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