000 01020nam a22001457a 4500
999 _c515326
_d515326
008 210121b ||||| |||| 00| 0 eng d
100 _aCherchye, Laurens et al.
_923653
245 _aGroup consumption with caring individuals
260 _aThe Economic Journal
300 _a130(627), Apr, 2020: p.587-622
520 _aWe 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 _aThe Economic Journal
906 _aECONOMICS
942 _cAR