www.coalitiontheory.net
Published on www.coalitiontheory.net (http://www.coalitiontheory.net)

Home > Household behavior and individual autonomy: An extended Lindahl mechanism

Household behavior and individual autonomy: An extended Lindahl mechanism

Working paper
Author/s: 
Claude d'Aspremont and Rodolphe Dos Santos Ferreira
Issue number: 
2012/14
Publisher: 
CORE
Year: 
2012
PDF [1]
We present a comprehensive model of household economic decision covering both fully cooperative and non-cooperative cases as well as semi- cooperative cases, varying with income distribution and a parameter vector θ representing degrees of individual autonomy with respect to the public goods. In this model, the concept of "household θ-equilibrium" is introduced through the reformulation of the Lindahl equilibrium for Nash-implementation and its extension to semi-cooperation. Existence is proved and some generic properties derived. An example is given to illustrate. Finally, a particular decomposition of the pseudo-Slutsky matrix is derived and the testability of the various models discussed.
Tags: 
Political Economy [2]

Source URL:http://www.coalitiontheory.net/content/household-behavior-and-individual-autonomy-extended-lindahl-mechanism

Links
[1] http://www.uclouvain.be/cps/ucl/doc/core/documents/coredp2012_14web.pdf [2] http://www.coalitiontheory.net/research-areas/political-economy