Household behavior and individual autonomy: an extended Lindahl mechanism

Claude d’Aspremont () and Rodolphe Dos Santos Ferreira
Authors registered in the RePEc Author Service: Claude d'Aspremont

Economic Theory, 2014, vol. 55, issue 3, 643-664

Abstract: We present a comprehensive model of household economic decision covering both full cooperation and noncooperation as well as semi-cooperative cases, varying with income distribution and a parameter vector $$\theta $$ θ representing degrees of individual autonomy with respect to the public goods. In this model, the concept of “household $$\theta $$ θ -equilibrium” is introduced through the reformulation of the Lindahl equilibrium for Nash implementation and its extension to semi-cooperation. Existence is proved and some generic properties derived. An example is given to illustrate. An important benefit of this approach is to allow for a compact and unified investigation of the testable (local) restrictions of household demand. A particular decomposition of the pseudo-Slutsky matrix is derived and the testability of the various models discussed. Copyright Springer-Verlag Berlin Heidelberg 2014

Keywords: Intra-household allocation; Household financial management; Degree of autonomy; Lindahl prices; Local income pooling; Separate spheres; D11; C72; H41 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (7)

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Working Paper: Household behavior and individual autonomy: an extended Lindahl mechanism (2014)
Working Paper: Household behavior and individual autonomy: An extended Lindahl mechanism (2012)
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DOI: 10.1007/s00199-013-0763-1

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