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Conférence François-Albert-Angers 2004

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  • Chiappori, Pierre-André

    (Colombia University)

Abstract

In this article, we study how the introduction of a collective approach modifies standard welfare analysis of consumer theory. We first define and characterize the main concepts at stake. Then the two basic logics – “potential compensation” and “actual compensation” – are described, and their implications are discussed. Dans cet article, on étudie en quoi l’introduction d’une approche collective modifie les analyses de bien-être classiques en théorie du consommateur. Après avoir défini et caractérisé les principaux concepts, on décrit deux logiques possibles, celle de la « compensation potentielle » et celle de la « compensation effective ». On discute ensuite de leurs implications.

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Bibliographic Info

Article provided by Société Canadienne de Science Economique in its journal L'Actualité économique.

Volume (Year): 81 (2005)
Issue (Month): 3 (Septembre)
Pages: 405-419

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Handle: RePEc:ris:actuec:v:81:y:2005:i:3:p:405-419

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  1. Chiappori, P.A., 1994. "Introducing Household Production in Collective Models of Labour Suply," DELTA Working Papers 94-18, DELTA (Ecole normale supérieure).
  2. Yuk-Fai, Fong & Junsen, Zhang, 1998. "The Identification of Unobservable Independent and Spousal Leisure," Departmental Working Papers _093, Chinese University of Hong Kong, Department of Economics.
  3. Michael Jerison, 1997. "Nonrepresentative Representative Consumers," Discussion Papers 97-01, University at Albany, SUNY, Department of Economics.
  4. Chiappori, Pierre-Andre, 1992. "Collective Labor Supply and Welfare," Journal of Political Economy, University of Chicago Press, vol. 100(3), pages 437-67, June.
  5. Chiappori, Pierre-Andre, 1988. "Rational Household Labor Supply," Econometrica, Econometric Society, vol. 56(1), pages 63-90, January.
  6. Esther Duflo, 2000. "Grandmothers and Granddaughters: Old Age Pension and Intra-household Allocation in South Africa," NBER Working Papers 8061, National Bureau of Economic Research, Inc.
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