Collective consumption and welfare

Olivier Donni

Canadian Journal of Economics, 2006, vol. 39, issue 1, 124-144

Abstract: In this paper, we present a collective model of household demand based on Pareto-efficiency. In addition, we suppose that (a) each household member is egoistic and consumption is purely private, (b) there is a set of distribution factors and (c) there is one exclusive good. Then we derive the testable restrictions that are implied by this theoretical setting and show how welfare comparisons at the individual level can be performed.

JEL-codes: D11 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (6)

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