Abstract
Traditionally, the economic theory of consumer demand has taken the individual as a unit of analysis. Empirical work on demand systems, on the other hand, is usually based on data that take the household as the unit for data collection. In this chapter we shall investigate this discrepancy between the theory and practice of demand analysis, and possibilities of narrowing the gap.
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© 1996 Peter Kooreman and Sophia Wunderink
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Kooreman, P., Wunderink, S. (1996). Household versus Individual Economic Behaviour. In: The Economics of Household Behaviour. Palgrave, London. https://doi.org/10.1007/978-1-349-25436-1_3
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DOI: https://doi.org/10.1007/978-1-349-25436-1_3
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-59736-1
Online ISBN: 978-1-349-25436-1
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