Groups, collective decisions and markets

被引：7
|
作者：
Gersbach, Hans [1 ]
Haller, Hans [2 ]
机构：
[1] ETH, CER, CH-8092 Zurich, Switzerland
[2] Virginia Polytech Inst & State Univ, Dept Econ, Blacksburg, VA 24061 USA
来源：
JOURNAL OF ECONOMIC THEORY | 2011年 / 146卷 / 01期
关键词：
Household behavior; Household formation; Collective decision making; General equilibrium; LOCAL PUBLIC-GOODS; EQUILIBRIUM; STABILITY; CLUBS; EFFICIENCY; ECONOMIES; CORE;
D O I：
10.1016/j.jet.2010.10.004
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We consider a general equilibrium model where multi-member households make efficient collective consumption decisions and operate in a competitive market environment. Individuals have the option to leave the household and make it on their own or join another household. We study the effect of these outside options on household formation, household stability and equilibrium existence. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码：275 / 299
页数：25
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