Intrafamily Bargaining and Household Decisions
Notburga Ott
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Description for Intrafamily Bargaining and Household Decisions
paperback. Series: Microeconomic Studies. Num Pages: 242 pages, 13 black & white tables, biography. BIC Classification: KCP. Category: (P) Professional & Vocational. Dimension: 244 x 170 x 13. Weight in Grams: 441.
A model of household decisions based on a bargaining approach is developed providing a comprehensive framework for the analysis of family behavior. Treating the family as an economic organization, household behavior is explained by the cooperation of utility maximizing individuals. The difference to traditional microeconomic household models is that theassumption of a joint household utility function is abandoned. Instead of this, a game theoretic approach is used to model family decisions as a ... Read more
A model of household decisions based on a bargaining approach is developed providing a comprehensive framework for the analysis of family behavior. Treating the family as an economic organization, household behavior is explained by the cooperation of utility maximizing individuals. The difference to traditional microeconomic household models is that theassumption of a joint household utility function is abandoned. Instead of this, a game theoretic approach is used to model family decisions as a ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer Germany
Number of pages
242
Condition
New
Series
Microeconomic Studies
Number of Pages
242
Place of Publication
Berlin, Germany
ISBN
9783642457104
SKU
V9783642457104
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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