Inefficient Collective Households: Cooperation and Consumption

A-Tier
Journal: Economic Journal
Year: 2022
Volume: 132
Issue: 645
Pages: 1882-1893

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We propose a model of consumption inefficiency in collective households. Inefficiency depends on a ‘cooperation factor’, which can also affect both the allocation of resources within a household and the utility of household members. Households are conditionally efficient, conditioning on the value of the cooperation factor. This lets us exploit convenient modelling features of efficient households (like not needing to specify the bargaining process), while still accounting for, and measuring the dollar cost of, inefficient levels of cooperation.

Technical Details

RePEc Handle
repec:oup:econjl:v:132:y:2022:i:645:p:1882-1893.
Journal Field
General
Author Count
2
Added to Database
2026-01-25