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| 008 | 210121b ||||| |||| 00| 0 eng d | ||
| 100 |
_aCherchye, Laurens et al. _923653 |
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| 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 | ||