The Revealed Preference Approach to Collective Consumption Behaviour: Testing and Sharing Rule Recovery

成果类型:
Article
署名作者:
Cherchye, Laurens; De Rock, Bram; Vermeulen, Frederic
署名单位:
Tilburg University; KU Leuven; Universite Libre de Bruxelles
刊物名称:
REVIEW OF ECONOMIC STUDIES
ISSN/ISSBN:
0034-6527
DOI:
10.1093/restud/rdq018
发表日期:
2011
页码:
176-198
关键词:
efficient intrahousehold allocations nonparametric-tests MODEL GARP
摘要:
We present a revealed preference methodology for empirically analysing collective consumption behaviour. First, we introduce an integer programming (IP) methodology for testing data consistency with collective consumption models that account for publicly as well as privately consumed goods. This IP methodology can include information on assignable quantities for private goods. Next, we show that the IP methodology allows for recovering the personalized (Lindahl) prices for the public goods and the personalized quantities for the private goods. In turn, this implies recovery of the sharing rule (i.e. personalized income share levels). An empirical application demonstrates the practical usefulness of the methodology.