Household Intertemporal Behavior : a Collective Characterization and a Test of Commitment ∗

Abstract

In this paper, a formal test of intra-household commitment is derived and performed. To that end, two models of household intertemporal behavior are developed. In both models, household members are characterized by individual preferences. In the first formulation, household decisions are always on the ex-ante Pareto frontier. In the second model, the… (More)

7 Figures and Tables

Topics

Statistics

051015'05'06'07'08'09'10'11'12'13'14'15'16'17'18
Citations per Year

113 Citations

Semantic Scholar estimates that this publication has 113 citations based on the available data.

See our FAQ for additional information.

  • Presentations referencing similar topics