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When inefficiency begets efficiency

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Collective consumption decisions taken by the members of a household may prove inefficient. The impact on market performance depends on whether household inefficiencies are caused by inefficient net trades with the market or by inefficient distribution of resources within households. Inefficient int...

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Bibliographic Details
Main Authors: Gersbach, Hans (Author) , Haller, Hans (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Munich Center for Economic Studies and Ifo Institute (CESifo) 2004
Series:CESifo Working Paper 1197
In: CESifo working papers (1197)

Subjects:
Graue Literatur
Arbeitspapier
Gleichgewichtsmodell
Markteffizienz
Effizienz
Verbraucherverhalten
Haushalt
Online Access:Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/76624
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Author Notes:Hans Gersbach; Hans Haller
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When inefficiency begets efficiency


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