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Groups and Markets

General Equilibrium with Multi-member Households

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Pages
196 pages
Reading time
7 hours

More about the book

Focusing on theoretical frameworks, this monograph explores multi-member households and socio-economic groups within a general equilibrium context. It examines how household composition and decision-making function in competitive market economies, emphasizing their role as collective units and market participants. The authors develop sophisticated models that integrate traditional exchange and matching markets, revealing insights into welfare, social structures, and economic policy implications. This work aims to deepen the understanding of household dynamics and their impact on broader economic systems.

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Groups and Markets, Hans Gersbach, Hans Haller

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Released
2018
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