@TechReport{iza:izadps:dp3127, author={Apps, Patricia and Rees, Ray}, title={Cooperative Household Models}, year={2007}, month={Oct}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={3127}, url={https://www.iza.org/publications/dp3127}, abstract={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.}, keywords={generalisation;household;model}, }