Collective Consumption and Welfare

Olivier Donni

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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.

Date: 2006-02
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Citations: View citations in EconPapers (5)

Published in Canadian Journal of Economics, 2006, 39 (1), pp.124-144. ⟨10.1111/j.0008-4085.2006.00341.x⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00929743

DOI: 10.1111/j.0008-4085.2006.00341.x

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