Groups and Markets

Viac o knihe

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.