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Source: Center for Mathematical Studies in Business and Economics, Univ. of Chicago
Resulting in 1 citation.
1. Horney, Mary Jean
McElroy, Marjorie B.
A Nash-Bargained Linear Expenditure System: The Demand for Leisure and Goods
Report No. 8041, Center for Mathematical Studies in Business and Economics, University of Chicago, 1980
Cohort(s): Mature Women
Publisher: Center for Mathematical Studies in Business and Economics, University of Chicago
Keyword(s): Bargaining Model; Earnings; Household Income; Leisure

Permission to reprint the abstract has not been received from the publisher.

Consistent with the Nash bargaining model, this report presents empirical estimates of a linear expenditure system. A three commodity system is presented along with the different tests that this expenditure system collapses to a neoclassical one. As a result, the authors found some evidence that the model does not collapse to the neoclassical one. This research and other studies mentioned in this paper, mark only the beginning of evaluating empirical payoff to a bargaining approach.
Bibliography Citation
Horney, Mary Jean and Marjorie B. McElroy. "A Nash-Bargained Linear Expenditure System: The Demand for Leisure and Goods." Report No. 8041, Center for Mathematical Studies in Business and Economics, University of Chicago, 1980.