TY - RPRT AU - Apps, Patricia AU - Rees, Ray TI - Cooperative Household Models PY - 2007/Oct/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 3127 UR - https://www.iza.org/index.php/publications/dp3127 AB - We set out a general framework for cooperative household models, based on Samuelson's idea of a household welfare function, but extending it to incorporate the key insight from Nash bargaining models – the idea that the household’s preference ordering over the utility profiles of its members depends on their wage rates (or prices more generally) and non-wage incomes. Applying reasonable general restrictions on the effects of changes in these variables allows derivation of the general implications of cooperative models. KW - generalisation KW - household KW - model ER -