Publication Type
Working Paper
Version
publishedVersion
Publication Date
3-2012
Abstract
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.
Keywords
Collective model, intra-household resource allocation, bargaining, sparability
Discipline
Behavioral Economics
Research Areas
Applied Microeconomics
Volume
06-2012
First Page
1
Last Page
7
Publisher
SMU Economics and Statistics Working Paper Series, No. 06-2012
City or Country
Singapore
Citation
FUJII, Tomoki and ISHIKAWA, Ryuichiro.
A note on separability and intra-household resource allocation in a collective household model. (2012). 06-2012, 1-7.
Available at: https://ink.library.smu.edu.sg/soe_research/1380
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Comments
Published in Review of Economics of the Household https://doi.org/10.1007/s11150-012-9155-8