A Survey of Theories of the Family
AbstractThe first section of this review explores the theory of household technology and the associated possibilities for distributiing utility among household members. The second section concerns decision theory within the household. This discussion draws on standard consumer decision theory. The third section of this paper deals with an equilbrium in which families are formed by persons voluntarily choosing mates. This theory is analogous to ``Tiebout theory'' in urban economics, where the objects of choice include not only the amount of public goods supplied in each city, but which individuals live in each place. An aspect of family life that has fewer parallels in the economics of market economies is intrafamilial love and altruism. The final section of this paper reviews a growing theoretical literature on love, altruism and the family.
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Bibliographic InfoPaper provided by University of Michigan, Department of Economics in its series Papers with number _027.
Date of creation: Jun 1995
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Other versions of this item:
- Bergstrom, Theodore C., 1993. "A survey of theories of the family," Handbook of Population and Family Economics, Elsevier, in: M. R. Rosenzweig & Stark, O. (ed.), Handbook of Population and Family Economics, edition 1, volume 1, chapter 2, pages 21-79 Elsevier.
- Ted Bergstrom, 1994. "A Survey of Theories of the Family," Labor and Demography, EconWPA 9401001, EconWPA, revised 10 Oct 1994.
- Bergstrom, T.C., 1993. "A Survey of Theories of the Family," Papers, Michigan - Center for Research on Economic & Social Theory 93-02, Michigan - Center for Research on Economic & Social Theory.
- J0 - Labor and Demographic Economics - - General
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