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Autor:innen: 
Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 2137
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption is either private or public. We then show that (i) household demands have to satisfy testable constraints and (ii) some elements of the decision process can be retrieved from observed behavior. These results are based on a conditional demand ('m-demand') framework in which household demands are directly derived from the marginal rates of substitution. Finally, we present an empirical application using the U.S. Consumer Expenditure Survey. Overall, the data turn out to be consistent with the theoretical model.
Schlagwörter: 
collective decision
intra-household distribution
demand analysis
private good
public good
Lindahl price
JEL: 
D11
D12
H41
Dokumentart: 
Working Paper

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