 Models of Resource Distribution in the Family in TaiwanChien-Liang Chen ()
Chapter Chapter 1 in The Family and Social Change in Chinese Societies, 2014, pp 3-28 from Springer Abstract: Abstract Much of the literature in economics on household decision-making assumes (either explicitly or implicitly) that the household maximizes a unique utility function given a set of constraints dictated by the household budget and the available domestic production technology. This approach treats the resource allocation mechanism in the household as a “black box” (or more precisely as a single homogeneous unit); it has the virtue of simplicity and convenience in explaining household behavior, but in many ways it contradicts the essence of micro-economic theory which stresses that the behaviors of individuals are characterized by their own preferences. Aggregating a group of individuals into a household hence involves invoking assumptions that are neither theoretically appealing nor empirically applicable in dealing with the intra-household resource allocation decision-making. Keywords: Female Head; Household Member; Bargaining Power; Allocation Decision; Bargaining Process (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:ssdmcp:978-94-007-7445-2_1 Ordering information: This item can be ordered from DOI: 10.1007/978-94-007-7445-2_1 Access Statistics for this chapter More chapters in The Springer Series on Demographic Methods and Population Analysis from Springer |
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