General Equilibrium with Multi-Member Households and Production

We consider firms and multi-member households operating in a competitive market environment. Households are endowed with resources (commodity bundles) and shares of firm ownership. Household members are characterized by individual preferences, possibly with intra-household consumption externalities. Household decisions adhere to the collective rationality model. Existence of general equilibrium and validity of the first welfare theorem are investigated

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Year of publication:	[2021]
Authors:	Gersbach, Hans ; Haller, Hans H.
Publisher:	[S.l.] : SSRN
Subject:	Allgemeines Gleichgewicht \| General equilibrium \| Theorie \| Theory \| Privater Haushalt \| Household \| Haushaltsökonomik \| Household economics \| Bruttoinlandsprodukt \| Gross domestic product

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Extent:	1 Online-Ressource (21 p)
Series:	CESifo Working Paper Series ; No. 3659
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 30, 2011 erstellt
Other identifiers:	10.2139/ssrn.1968844 [DOI]
Classification:	D10 - Household Behavior and Family Economics. General ; D50 - General Equilibrium and Disequilibrium. General ; D62 - Externalities ; D70 - Analysis of Collective Decision-Making. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013315948