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Permanent link (DOI): https://doi.org/10.7939/R39Z90B9J

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Combining Stated and Revealed Preference Data to Construct an Empirical Examination of Intrahousehold Bargaining Open Access

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Author or creator
Dosman, Donna
Adamowicz, Wiktor
Additional contributors
Subject/Keyword
decision making
household behavior
Type of item
Report
Language
English
Place
Time
Description
The behavior of households has traditionally been explained by assuming that a single decision maker maximizes utility over all members of the household subject to a budget constraint. This unitary model of household behavior has been questioned and compared to models that assume that household decisions are made in a bargaining process. We examine household behavior in a bargaining framework by combining stated preference information from individual members of the household with revealed preference information from individual members of the household with revealed preference information on the household's actual choices. The context of the decision is determining the location of family recreation vacation choice. The resulting model, based on a bargaining framework, provides information on the factors affecting bargaining power as well as information on the degree to which the decision is the result of a bargaining process.
Date created
2002
DOI
doi:10.7939/R39Z90B9J
License information
Creative Commons Attribution-Non-Commercial-No Derivatives 3.0 Unported
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