haku: @author Woolley, F. / yhteensä: 2
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Tekijä:Chen, Z.
Woolley, F.
Otsikko:A Cournot-Nash model of family decision making
Lehti:Economic Journal
2001 : OCT, VOL. 111:474, p. 722-748
Asiasana:DECISION MAKING
FAMILIES
GAME THEORY
Kieli:eng
Tiivistelmä:This paper models a two-person family. Each family member is utility maximising, yet family members are interdependent because of caring and public goods within the family. The two family members' interdependent utility maximisation problems are first solved using a non-cooperative, or Cournot-Nash, game theoretic framework. The Cournot-Nash equilibrium is then used as a threat point in a bargaining game.
SCIMA tietueen numero: 226227
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