Bargaining power and equilibrium consumption

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...

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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.] 2005
Series:CESifo working paper series Empirical and theoretical methods 1448
In: CESifo working papers (1448)

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Author Notes:Hans Gersbach; Hans Haller