Efficient intra-household allocations: a general characterization and empirical tests.

The neoclassical theory of demand applies to individuals, yet in empirical work it is usually taken as valid for households with many members. This paper explores what the theory of individuals implies for households that have more than one member. We make minimal assumptions about how the individ...

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Bibliographic Details

Published in:	Econometrica Vol. 66; no. 6; pp. 1241 - 1279
Main Authors:	Browning, Martin, Chiappori, Pierre-André
Format:	Article
Published:	Wiley-Blackwell November 1998
Subjects:	Households & economics Resource allocation > Mathematical models Substitution (Economics) Consumption (Economics) Canada
Online Access:	View this record in EBSCOhost