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 individua...
| Main Authors: | , |
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| Format: | Journal article |
| Jezik: | English |
| Izdano: |
Econometric Society
1998
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