Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru

The document provides so me theoretical insights around collective models of household decision making and resource allocation. These models, in contrast with unitary ones, consider the consumption decisions of the family to be a result of a bargaining process and interaction between household membe...

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Detalles Bibliográficos
Autor principal: Monge Zegarra, Álvaro; University of Sussex
Formato: Artículo publishedVersion
Lenguaje:Inglés
Publicado: Universidad del Pacífico 2014
Materias:
consumption decisions, bargaining process intra household, utility maximization, resource allocation
Decisiones de consumo familiar, asignación de recursos, maximización de utilidad
Acceso en línea:http://revistas.up.edu.pe/index.php/apuntes/article/view/219
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pe/pe-014&d=article219oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-article219oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Inglés
topic consumption decisions, bargaining process intra household, utility maximization, resource allocation
Decisiones de consumo familiar, asignación de recursos, maximización de utilidad
spellingShingle consumption decisions, bargaining process intra household, utility maximization, resource allocation
Decisiones de consumo familiar, asignación de recursos, maximización de utilidad
Monge Zegarra, Álvaro; University of Sussex
Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru
topic_facet consumption decisions, bargaining process intra household, utility maximization, resource allocation
Decisiones de consumo familiar, asignación de recursos, maximización de utilidad
description The document provides so me theoretical insights around collective models of household decision making and resource allocation. These models, in contrast with unitary ones, consider the consumption decisions of the family to be a result of a bargaining process and interaction between household members. The predicted equilibrium conditions tend to differ from the traditional approach of utility maximization. The focus is centered on two specific issues: the emergence ofthe pooling income hypothesis (which characterizes unitary models) and the efficiency hypothesis (which characterizes, within the collective framework, cooperative solutions). Using these insights, the article establishes preliminary tests for the collective approach, as against the unitary one, using data for Peru, and then investigates whether efficiency is achieved in consumption allocation. The results presented provide new insights about consumption behavior in Peru.
format Artículo
publishedVersion
Artículo
publishedVersion
author Monge Zegarra, Álvaro; University of Sussex
author_facet Monge Zegarra, Álvaro; University of Sussex
author_sort Monge Zegarra, Álvaro; University of Sussex
title Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru
title_short Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru
title_full Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru
title_fullStr Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru
title_full_unstemmed Unitary or Collective Models? Theoretical Insights and Preliminary Evidence from Peru
title_sort unitary or collective models? theoretical insights and preliminary evidence from peru
publisher Universidad del Pacífico
publishDate 2014
url http://revistas.up.edu.pe/index.php/apuntes/article/view/219
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pe/pe-014&d=article219oai
work_keys_str_mv AT mongezegarraalvarouniversityofsussex unitaryorcollectivemodelstheoreticalinsightsandpreliminaryevidencefromperu
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bdutipo_str Repositorios
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