A note on separability and intra-household resource allocation in a collective household model
We consider a collective model of a household in which each member has a utility function satisfying the weak separability condition. We show that the separability at the individual level carries over to the household level and that the allocation of private goods in any Pareto-efficient allocation...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1380 https://ink.library.smu.edu.sg/context/soe_research/article/2379/viewcontent/separable_1.27_.pdf |
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| Institution: | Singapore Management University |
| Language: | English |