CORDIS Project
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This project develops a toolkit for analyzing household consumption by modeling individual preferences and interactions within households. It uses a nonparametric revealed preference methodology to better understand how household members influence consumption decisions, integrating dynamics from the marriage market to…
Household consumption (including labor supply) is usually the outcome of a complex interaction between multiple household members.
Understanding this consumption behavior requires non-unitary modeling of households, which recognizes that households are not single decision units but consist of interacting individuals.
This project builds a powerful toolkit for empirical analysis of household consumption through structural models of individual preferences and within-household interactions.
It open…
KATHOLIEKE UNIVERSITEIT LEUVEN
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