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: FUJII, Tomoki, ISHIKAWA, Ryuichiro
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Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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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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spelling sg-smu-ink.soe_research-23792019-04-19T14:08:29Z A note on separability and intra-household resource allocation in a collective household model FUJII, Tomoki ISHIKAWA, Ryuichiro 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 can be supported as a Pareto-efficient allocation of private sub-problem. We also provide the necessary and sufficient condition for the Pareto weight for the private sub-problem to move in the same direction as the household Pareto weight. 2012-03-01T08:00:00Z text application/pdf 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 http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Collective model intra-household resource allocation bargaining sparability Behavioral Economics
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Collective model
intra-household resource allocation
bargaining
sparability
Behavioral Economics
spellingShingle Collective model
intra-household resource allocation
bargaining
sparability
Behavioral Economics
FUJII, Tomoki
ISHIKAWA, Ryuichiro
A note on separability and intra-household resource allocation in a collective household model
description 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 can be supported as a Pareto-efficient allocation of private sub-problem. We also provide the necessary and sufficient condition for the Pareto weight for the private sub-problem to move in the same direction as the household Pareto weight.
format text
author FUJII, Tomoki
ISHIKAWA, Ryuichiro
author_facet FUJII, Tomoki
ISHIKAWA, Ryuichiro
author_sort FUJII, Tomoki
title A note on separability and intra-household resource allocation in a collective household model
title_short A note on separability and intra-household resource allocation in a collective household model
title_full A note on separability and intra-household resource allocation in a collective household model
title_fullStr A note on separability and intra-household resource allocation in a collective household model
title_full_unstemmed A note on separability and intra-household resource allocation in a collective household model
title_sort note on separability and intra-household resource allocation in a collective household model
publisher Institutional Knowledge at Singapore Management University
publishDate 2012
url 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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