Collective decisions and competitive markets

被引:23
|
作者
Gersbach, H [1 ]
Haller, H
机构
[1] Univ Heidelberg, D-6900 Heidelberg, Germany
[2] Virginia Polytech Inst & State Univ, Blacksburg, VA 24061 USA
来源
REVIEW OF ECONOMIC STUDIES | 2001年 / 68卷 / 02期
关键词
D O I
10.1111/1467-937X.00172
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a general equilibrium model, we allow for households with several, typically heterogeneous, members; households that make (efficient) collective consumption decisions where different households may use different collective decision mechanisms; yet households that operate within a competitive market environment. The interaction of two allocation mechanisms, collective decisions and competitive markets, is investigated, with a focus on the efficiency properties and decentralization possibilities of the dual allocation mechanism.
引用
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页码:347 / 368
页数:22
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