Competitive markets, collective decisions and group formation

We consider a general equilibrium model where groups operating in a competitive market environment can have several members and make efficient collective consumption decisions. Individuals have the option to leave the group and make it on their own or join another group. We study the effect of these...

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Bibliographic Details
Main Authors: Gersbach, Hans (Author) , Haller, Hans (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Munich Univ., Center for Economic Studies [u.a.] 2003
Series:CESifo working paper series Empirical and theoretical methods 953
In: CESifo working papers (953)

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Author Notes:Hans Gersbach; Hans Haller

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