Randomized household labor supply

被引:0
|
作者
Chiappori, Pierre Andre [1 ]
机构
[1] Columbia Univ, New York, NY 10027 USA
基金
美国国家科学基金会;
关键词
Labor suppy; Collective model; Samuelson; Randomization; Unitary model;
D O I
10.1007/s11150-017-9397-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a multiperson household, indivisibilities or other externalities may imply that optimal decisions involve explicit randomizations. This issue is orthogonal to the standard distinction between unitary and collective models; it arises even when the household aggregates individual utilities through a Samuelsonian index.
引用
收藏
页码:171 / 188
页数:18
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