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Independent Individual Decision-Makers in Household Models and the New Home Economics

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  • Grossbard, Shoshana

    () (San Diego State University)

Abstract

Much of the recent literature in household economics has been critical of unitary models of household decision-making. Most alternative models currently used are bargaining models and consensual models, including collective models. This paper discusses another alternative: independent individual models of decision-making that don't make any specific assumptions of jointness of decision-making in households. Unitary models are typically associated with Gary Becker even though most of Becker’s own analyses of the family did not use his unitary model. This is especially the case with the specifically independent individual models presented in his theory of marriage. Decision-making models assuming independent individual household members in the Becker tradition are reminiscent of models of labor markets in which firms and workers are independent decision-makers. As basis for econometric estimations, such models may be preferable to models imposing the structure of a game or a household welfare function.

Suggested Citation

  • Grossbard, Shoshana, 2010. "Independent Individual Decision-Makers in Household Models and the New Home Economics," IZA Discussion Papers 5138, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp5138
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    References listed on IDEAS

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    1. Grossbard, Shoshana, 2010. "How “Chicagoan” Are Gary Becker’S Economic Models Of Marriage?," Journal of the History of Economic Thought, Cambridge University Press, vol. 32(03), pages 377-395, September.
    2. Browning, Martin & Francois Bourguignon & Pierre-Andre Chiappori & Valerie Lechene, 1994. "Income and Outcomes: A Structural Model of Intrahousehold Allocation," Journal of Political Economy, University of Chicago Press, vol. 102(6), pages 1067-1096, December.
    3. Cain, Glen G & Dooley, Martin D, 1976. "Estimation of a Model of Labor Supply, Fertility, and Wages of Married Women," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 179-199, August.
    4. Hans Bloemen & Elena Stancanelli, 2008. "How Do Parents Allocate Time? The Effects of Wages and Income," Working Papers hal-01066183, HAL.
    5. Apps, Patricia F. & Rees, Ray, 1988. "Taxation and the household," Journal of Public Economics, Elsevier, vol. 35(3), pages 355-369, April.
    6. Hans G. Bloemen & Elena G. F. Stancanelli, 2008. "How do spouses allocate time : the effects of wages and income," THEMA Working Papers 2008-40, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    7. Grossbard-Shechtman, Shoshana Amyra, 1984. "A Theory of Allocation of Time in Markets for Labour and Marriage," Economic Journal, Royal Economic Society, vol. 94(376), pages 863-882, December.
    8. Chau, Tak Wai & Li, Hongbin & Liu, Pak Wai & Zhang, Junsen, 2007. "Testing the collective model of household labor supply: Evidence from China," China Economic Review, Elsevier, vol. 18(4), pages 389-402.
    9. Konrad, Kai A & Lommerud, Kjell Erik, 1995. " Family Policy with Non-cooperative Families," Scandinavian Journal of Economics, Wiley Blackwell, vol. 97(4), pages 581-601, December.
    10. Grossbard-Shechtman, Shoshana, 2003. "A consumer theory with competitive markets for work in marriage," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(6), pages 609-645.
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    Cited by:

    1. Jara-Díaz, Sergio & Rosales-Salas, Jorge, 2017. "Beyond transport time: A review of time use modeling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 209-230.
    2. Man Si, 2015. "Intrafamily bargaining and love," Review of Economics of the Household, Springer, vol. 13(4), pages 771-789, December.
    3. Matthieu Delpierre, 2012. "The impact of liquidity constraints and imperfect commitment on migration decisions of offspring of rural households," Review of Economics of the Household, Springer, vol. 10(1), pages 153-170, March.
    4. Mazzutti, Caio Cícero Toledo Piza da Costa, 2016. "Three essays on the causal impacts of child labour laws in Brazil," Economics PhD Theses 0616, Department of Economics, University of Sussex.
    5. Dan Wheatley and Zhongmin Wu, 2011. "Work, Inequality, and the Dual Career Household," Working Papers 2011/03, Nottingham Trent University, Nottingham Business School, Economics Division.

    More about this item

    Keywords

    Gary Becker; household model; unitary model; marriage; labor;

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • J00 - Labor and Demographic Economics - - General - - - General

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