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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/26367
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Apps, Patricia | | en_US |
| dc.contributor.author | | Rees, Ray | | en_US |
| dc.date.accessioned | | 2008-06-06 | | en_US |
| dc.date.accessioned | | 2009-07-28T08:31:01Z | | - |
| dc.date.available | | 2009-07-28T08:31:01Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/26367 | | - |
| dc.description.abstract | | In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation does not however refute the hypothesis that it chooses this resource allocation as if it maximises some form of household welfare function possessing the Pareto property. To refute that hypothesis it is necessary to show that the observed allocation does not represent a second best optimum. For this it will be necessary to show that the estimated parameters of the model lie in a region of the parameter space for which the second best optimality of the allocation does not hold. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2322 | | en_US |
| dc.subject.jel | | D12 | | en_US |
| dc.subject.jel | | D13 | | en_US |
| dc.subject.jel | | D70 | | en_US |
| dc.subject.jel | | J16 | | en_US |
| dc.subject.jel | | J22 | | en_US |
| dc.subject.jel | | O12 | | en_US |
| dc.subject.jel | | Q12 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | empirical test | | en_US |
| dc.subject.keyword | | Pareto efficiency | | en_US |
| dc.subject.keyword | | household welfare | | en_US |
| dc.subject.stw | | Haushaltsökonomik | | en_US |
| dc.subject.stw | | Pareto-Optimum | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Testing the Pareto efficiency of household resource allocations | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 568609794 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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