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Bargaining power and equilibrium consumption

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dc.creator Gersbach, Hans
dc.creator Haller, Hans
dc.date 2005
dc.date.accessioned 2013-10-16T07:01:26Z
dc.date.available 2013-10-16T07:01:26Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18812
dc.identifier ppn:485181797
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18812
dc.description We examine how a shift of bargaining power within households operating in a competitive market environment affects equilibrium allocation and welfare. If price effects are sufficiently small, then typically an individual benefits from an increase of bargaining power, necessarily to the detriment of others. If price effects are drastic the welfare of all household members moves in the same direction when bargaining power shifts, at the expense (or for the benefit) of outside consumers. Typically a shift of bargaining power within a set of households also impacts upon other households. We show that each individual of a sociological group tends to benefit if he can increase his bargaining power, but suffers if others in his group do the same.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1448
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D70
dc.subject D62
dc.subject D50
dc.subject D10
dc.subject ddc:330
dc.subject household behavior
dc.subject bargaining power
dc.subject local and global changes
dc.subject price effects
dc.subject general equilibrium
dc.subject Haushaltsökonomik
dc.subject Konsumtheorie
dc.subject Verhandlungsmacht
dc.subject Wohlfahrtseffekt
dc.subject Theorie
dc.title Bargaining power and equilibrium consumption
dc.type doc-type:workingPaper


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