Cooperative Bargaining and Intrahousehold Allocations: Demand Systems and Comparative Statics

C. Creightney

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: This paper examines the cooperative bargaining approach to intrahousehold distribution. The 2-person symmetric Nash model is extended to a generalized model for several household members. Also a model employing a generalized utilitarian solution is proposed and the intrahousehold models suggested by Chiappori (1992) are reviewed. It is argued that the traditional model is a special case of Chaippori's efficiency model, in turn a special case of the generalized utilitarian model which is in turn a special case of the generalized Nash model.

Keywords: BARGAINING; HOUSEHOLD (search for similar items in EconPapers)
JEL-codes: C51 D11 D13 (search for similar items in EconPapers)
Pages: 50 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:490

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