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Household behavior and individual autonomy: An extended Lindahl mechanism

Claude D’aspremont, () and Rodolphe Dos Santos Ferreira
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Claude D’aspremont,: Université catholique de Louvain, CORE, B-1348 Louvain-la-Neuve, Belgium

Authors registered in the RePEc Author Service: Claude d'Aspremont

No 2012014, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: We present a comprehensive model of household economic decision covering both fully cooperative and non-cooperative cases as well as semi- cooperative cases, varying with income distribution and a parameter vector ÷ representing degrees of individual autonomy with respect to the public goods. In this model, the concept of "household ÷-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. Finally, a particular decomposition of the pseudo-Slutsky matrix is derived and the testability of the various models discussed.

Keywords: intra-household allocation; household financial management; degree of autonomy; Lindahl prices; local income pooling; separate spheres (search for similar items in EconPapers)
JEL-codes: C72 D10 H41 (search for similar items in EconPapers)
Date: 2012-04-05
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Journal Article: Household behavior and individual autonomy: an extended Lindahl mechanism (2014) Downloads
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