Negatively interdependent preferences
✍ Scribed by Efe A. Ok; Levent Koçkesen
- Publisher
- Springer
- Year
- 2000
- Tongue
- English
- Weight
- 218 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0176-1714
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
The theoretical model of Gaertner (1974) and Pollak (1976) for the interdependence of preferences in the Linear Expenditure System is estimated for a cross-section of households. The interdependence of consumption of dierent households has implications for the stochastic structure of the model and f
When individual preferences over multiple dimensions are interdependent, the resulting collective decisions can be unsatisfactory and even paradoxical. The notion of separability formalizes this idea of interdependence, and preferences that are completely free from interdependence are said to be sep