Household behavior and individual autonomy: An extended Lindahl mechanism

d'Aspremont-Lynden, Claude;Dos Santos Ferreira, Rodolphe
(2012)

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  • d'Aspremont-Lynden, ClaudeUCLouvain
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  • Dos Santos Ferreira, RodolpheUniversité de Strasbourg
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Abstract
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.
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d’Aspremont-Lynden, C., & Dos Santos Ferreira, R. (2012). Household behavior and individual autonomy: An extended Lindahl mechanism (CORE Discussion Paper 2012/14). https://hdl.handle.net/2078.5/208582