Intrafamily Bargaining and Household Decisions

  • Notburga Ott

Part of the Microeconomic Studies book series (MICROECONOMIC)

Table of contents

  1. Front Matter
    Pages I-VIII
  2. Notburga Ott
    Pages 1-5
  3. Notburga Ott
    Pages 6-18
  4. Notburga Ott
    Pages 19-32
  5. Notburga Ott
    Pages 98-109
  6. Notburga Ott
    Pages 110-126
  7. Notburga Ott
    Pages 144-160
  8. Notburga Ott
    Pages 161-176
  9. Notburga Ott
    Pages 196-198
  10. Back Matter
    Pages 199-242

About this book

Introduction

A model of household decisions based on a bargaining approach is developed providing a comprehensive framework for the analysis of family behavior. Treating the family as an economic organization, household behavior is explained by the cooperation of utility maximizing individuals. The difference to traditional microeconomic household models is that theassumption of a joint household utility function is abandoned. Instead of this, a game theoretic approach is used to model family decisions as a result of intrafamily bargaining. Considering the development of the spouses` human capital in a dynamic approach, the long-term effects of intrafamily specialization in market work and work at home are analyzed. Onemajor finding is that in a dynamic setting non-Pareto efficient allocations may result. Empirical tests demonstrate the relevanace of the bargaining approach.

Keywords

Bevölkerungsökonomie Familienökonomie Family Economics Spieltheorie fertility game theory human capital institutions microeconomics population population economics production stability welfare

Authors and affiliations

  • Notburga Ott
    • 1
  1. 1.Fachbereich WirtschaftswissenschaftenJohann Wolfgang Goethe-UniversitätFrankfurt 11Germany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-45708-1
  • Copyright Information Springer-Verlag Berlin Heidelberg 1992
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-642-45710-4
  • Online ISBN 978-3-642-45708-1
  • Series Print ISSN 1431-6005
  • About this book