| 000 -LEADER |
| fixed length control field |
01020nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
210121b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Cherchye, Laurens et al. |
| 245 ## - TITLE STATEMENT |
| Title |
Group consumption with caring individuals |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
The Economic Journal |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
130(627), Apr, 2020: p.587-622 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
We propose a novel approach to model joint consumption decisions of individuals who care for each other. The model encompasses a continuum of group consumption models situated between the fully co-operative model and the non-cooperative model without caring. We also define a measure for the degree of intragroup cooperation that quantifies how close the observed group behaviour is to fully co-operative behaviour. Following a revealed preference approach, we derive testable implications of the model for empirical data. We use our model to analyse decisions made by children in an experimental setting.- Reproduced |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
The Economic Journal |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
ECONOMICS |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |