Laurens Cherchye
Biographic Data
| ID | 279685 |
|---|---|
| NAME | Laurens Cherchye |
| GIVEN NAMES | Laurens |
| FAMILY NAME | Cherchye |
| SIGNATURE | CHERCHYE L |
| AFFILIATIONS | KU Leuven |
| ORCID | 0000-0003-3766-2449 |
| VERIFIED | Yes |
| TOTAL WORKS | 17 |
| TOTAL CITATIONS | 158 |
| AUTHOR COUNT | 17 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2004 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 5 |
Are Consumers (Approximately) Rational? Shifting the Burden of Proof
We present a statistical test for the hypothesis of (approximate) utility maximization on the basis of nonparametric revealed preference conditions. We take as null hypothesis that the consumer behaves randomly, and we reject this hypothesis only if the data provides sufficient evidence to support the alternative hypothesis of approximate utility maximization. Our statistical test uses a permutation method to operationalize the principle of rando…
Feed the children
To understand the household decision-making process regarding food expenditures for children in poor households in Nairobi, we conduct an experiment with 424 married and monogamous couples. In the experiment, the spouses (individually and jointly) allocate money between themselves and nutritious meals for one of their children. We propose a novel and simple test to distinguish between cooperative/collective and non-cooperative decision behaviour.…
From unobserved to observed preference heterogeneity: A revealed preference methodology
We present an easy‐to‐apply non‐parametric revealed preference method to identify observed preference heterogeneity from cross‐sectional data. Building on the partitioning approach that was developed by Crawford and Pendakur ( Economic Journal , 2013, 123 (567), 77–95) and Cosaert ( Computational Economics , 2019, 53 (2), 533–54), it quantifies the contribution of observable consumer characteristics to describing the identified preference heterog…
Marital Matching, Economies of Scale, and Intrahousehold Allocations
We propose a novel nonparametric method to empirically identify economies of scale in multiperson household consumption. We assume consumption technologies that define the public and private nature of expenditures through Barten scales. Our method (solely) exploits preference information revealed by a cross-section of household observations while accounting for fully unobserved preference heterogeneity. An application to data drawn from the US Pa…
Verbal aptitude hurts children's economic decision‐making accuracy
The impact of children's decision making increases with age and has relatively increased through time. Although a lot is known about cognitive development, less is known about how this development impacts decision accuracy in economic situations. This study builds on revealed preference theory to study the impact of cognitive aptitude on economic decision‐making accuracy and explores the intervening role of decision heuristics. In a study ( n = 1…
Group Consumption with Caring Individuals
We propose a novel approach to model joint consumption decisions of individuals who care for each other. The model encompasses a continuum of group consumption models situated between the fully co-operative model and the non-cooperative model without caring. We also define a measure for the degree of intragroup cooperation that quantifies how close the observed group behaviour is to fully co-operative behaviour. Following a revealed preference ap…
The Oxford Handbook of Productivity Analysis
According to the Organisation for Economic Co-operation and Development (OECD), in the two decades preceding 2014 two member countries, Italy and Spain, experienced productivity decline, while just four member countries, Korea, Ireland, Finland, and the United States, managed to achieve rates of productivity growth in excess of one percent per annum. Rates of productivity growth slowed following the global financial crisis in nearly all member co…
Non-parametric Analysis of Multi-output Production with Joint Inputs
We focus on analysing cost minimising production behaviour in multi-output settings. We distinguish between two approaches for modelling the use of joint inputs. The cooperative approach assumes cost minimisation at the aggregate firm level, while the non-cooperative approach assumes cost minimisation at the level of the individual output division. Our framework extends the existing non-parametric framework for analysing single output production.…
The Money Pump as a Measure of Revealed Preference Violations: A Comment
SCOPUS: ar.j
Nash‐Bargained Consumption Decisions: A Revealed Preference Analysis
Revealed Preference Analysis of Non‐Cooperative Household Consumption
We develop a revealed preference approach to analyse non-unitary household consumption behaviour that is not cooperative (or Pareto efficient). We derive global necessary and sufficient conditions for data consistency with the model. We show that the conditions can be verified by means of relatively straightforward mixed integer programming methods, which is particularly attractive in view of empirical analysis. Our framework extends to tests for…
Nash Bargained Consumption Decisions: A Revealed Preference Analysis
Opening the Black Box of Intrahousehold Decision Making: Theory and Nonparametric Empirical Tests of General Collective Consumption Models
We provide “revealed preference” tests of general collective consumption models that account for public consumption and externalities within the household. We further propose a novel approach to model special cases of this model, which imply alternative assumptions regarding the sharing rule. Our application uses the panel data from the Russia Longitudinal Monitoring Survey. We find that the general model, together with a large class of special c…
Nonparametric Analysis of Household Labor Supply: Goodness of Fit and Power of the Unitary and the Collective Model
We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the intrahousehold bargaining process. Our analysis focuses on the goodness of fit of the two behavioral models. To guarantee a fair comparison, we complement thi…
Robust human development rankings
An Introduction to 'Benefit of the Doubt' Composite Indicators
Legitimately Diverse, yet Comparable: On Synthesizing Social Inclusion Performance in the EU
The open method of co‐ordination (OMC) intends to enhance EU Member States’performance on social inclusion. In this context a set of commonly agreed performance indicators plays an important role. While the communicative power of a synthetic indicator has been recognized, several objections have been raised against such a construction. In this article, we argue that a set of separate indicators can in principle be combined into a meaningful synth…
An Introduction to 'Benefit of the Doubt' Composite Indicators
Legitimately Diverse, yet Comparable: On Synthesizing Social Inclusion Performance in the EU
The open method of co‐ordination (OMC) intends to enhance EU Member States’performance on social inclusion. In this context a set of commonly agreed performance indicators plays an important role. While the communicative power of a synthetic indicator has been recognized, several objections have been raised against such a construction. In this article, we argue that a set of separate indicators can in principle be combined into a meaningful synth…
Robust human development rankings
Revealed Preference Analysis of Non‐Cooperative Household Consumption
We develop a revealed preference approach to analyse non-unitary household consumption behaviour that is not cooperative (or Pareto efficient). We derive global necessary and sufficient conditions for data consistency with the model. We show that the conditions can be verified by means of relatively straightforward mixed integer programming methods, which is particularly attractive in view of empirical analysis. Our framework extends to tests for…
Opening the Black Box of Intrahousehold Decision Making: Theory and Nonparametric Empirical Tests of General Collective Consumption Models
We provide “revealed preference” tests of general collective consumption models that account for public consumption and externalities within the household. We further propose a novel approach to model special cases of this model, which imply alternative assumptions regarding the sharing rule. Our application uses the panel data from the Russia Longitudinal Monitoring Survey. We find that the general model, together with a large class of special c…
Non-parametric Analysis of Multi-output Production with Joint Inputs
We focus on analysing cost minimising production behaviour in multi-output settings. We distinguish between two approaches for modelling the use of joint inputs. The cooperative approach assumes cost minimisation at the aggregate firm level, while the non-cooperative approach assumes cost minimisation at the level of the individual output division. Our framework extends the existing non-parametric framework for analysing single output production.…
The Money Pump as a Measure of Revealed Preference Violations: A Comment
SCOPUS: ar.j
Group Consumption with Caring Individuals
We propose a novel approach to model joint consumption decisions of individuals who care for each other. The model encompasses a continuum of group consumption models situated between the fully co-operative model and the non-cooperative model without caring. We also define a measure for the degree of intragroup cooperation that quantifies how close the observed group behaviour is to fully co-operative behaviour. Following a revealed preference ap…
Legitimately Diverse, yet Comparable: On Synthesizing Social Inclusion Performance in the EU
The open method of co‐ordination (OMC) intends to enhance EU Member States’performance on social inclusion. In this context a set of commonly agreed performance indicators plays an important role. While the communicative power of a synthetic indicator has been recognized, several objections have been raised against such a construction. In this article, we argue that a set of separate indicators can in principle be combined into a meaningful synth…
Robust human development rankings
An Introduction to 'Benefit of the Doubt' Composite Indicators
Nonparametric Analysis of Household Labor Supply: Goodness of Fit and Power of the Unitary and the Collective Model
We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the intrahousehold bargaining process. Our analysis focuses on the goodness of fit of the two behavioral models. To guarantee a fair comparison, we complement thi…
Opening the Black Box of Intrahousehold Decision Making: Theory and Nonparametric Empirical Tests of General Collective Consumption Models
We provide “revealed preference” tests of general collective consumption models that account for public consumption and externalities within the household. We further propose a novel approach to model special cases of this model, which imply alternative assumptions regarding the sharing rule. Our application uses the panel data from the Russia Longitudinal Monitoring Survey. We find that the general model, together with a large class of special c…
Revealed Preference Analysis of Non‐Cooperative Household Consumption
We develop a revealed preference approach to analyse non-unitary household consumption behaviour that is not cooperative (or Pareto efficient). We derive global necessary and sufficient conditions for data consistency with the model. We show that the conditions can be verified by means of relatively straightforward mixed integer programming methods, which is particularly attractive in view of empirical analysis. Our framework extends to tests for…
Nash Bargained Consumption Decisions: A Revealed Preference Analysis
The Money Pump as a Measure of Revealed Preference Violations: A Comment
SCOPUS: ar.j
Nash‐Bargained Consumption Decisions: A Revealed Preference Analysis
Non-parametric Analysis of Multi-output Production with Joint Inputs
We focus on analysing cost minimising production behaviour in multi-output settings. We distinguish between two approaches for modelling the use of joint inputs. The cooperative approach assumes cost minimisation at the aggregate firm level, while the non-cooperative approach assumes cost minimisation at the level of the individual output division. Our framework extends the existing non-parametric framework for analysing single output production.…
The Oxford Handbook of Productivity Analysis
According to the Organisation for Economic Co-operation and Development (OECD), in the two decades preceding 2014 two member countries, Italy and Spain, experienced productivity decline, while just four member countries, Korea, Ireland, Finland, and the United States, managed to achieve rates of productivity growth in excess of one percent per annum. Rates of productivity growth slowed following the global financial crisis in nearly all member co…
Group Consumption with Caring Individuals
We propose a novel approach to model joint consumption decisions of individuals who care for each other. The model encompasses a continuum of group consumption models situated between the fully co-operative model and the non-cooperative model without caring. We also define a measure for the degree of intragroup cooperation that quantifies how close the observed group behaviour is to fully co-operative behaviour. Following a revealed preference ap…
Marital Matching, Economies of Scale, and Intrahousehold Allocations
We propose a novel nonparametric method to empirically identify economies of scale in multiperson household consumption. We assume consumption technologies that define the public and private nature of expenditures through Barten scales. Our method (solely) exploits preference information revealed by a cross-section of household observations while accounting for fully unobserved preference heterogeneity. An application to data drawn from the US Pa…
Verbal aptitude hurts children's economic decision‐making accuracy
The impact of children's decision making increases with age and has relatively increased through time. Although a lot is known about cognitive development, less is known about how this development impacts decision accuracy in economic situations. This study builds on revealed preference theory to study the impact of cognitive aptitude on economic decision‐making accuracy and explores the intervening role of decision heuristics. In a study ( n = 1…
From unobserved to observed preference heterogeneity: A revealed preference methodology
We present an easy‐to‐apply non‐parametric revealed preference method to identify observed preference heterogeneity from cross‐sectional data. Building on the partitioning approach that was developed by Crawford and Pendakur ( Economic Journal , 2013, 123 (567), 77–95) and Cosaert ( Computational Economics , 2019, 53 (2), 533–54), it quantifies the contribution of observable consumer characteristics to describing the identified preference heterog…
Are Consumers (Approximately) Rational? Shifting the Burden of Proof
We present a statistical test for the hypothesis of (approximate) utility maximization on the basis of nonparametric revealed preference conditions. We take as null hypothesis that the consumer behaves randomly, and we reject this hypothesis only if the data provides sufficient evidence to support the alternative hypothesis of approximate utility maximization. Our statistical test uses a permutation method to operationalize the principle of rando…
Feed the children
To understand the household decision-making process regarding food expenditures for children in poor households in Nairobi, we conduct an experiment with 424 married and monogamous couples. In the experiment, the spouses (individually and jointly) allocate money between themselves and nutritious meals for one of their children. We propose a novel and simple test to distinguish between cooperative/collective and non-cooperative decision behaviour.…
Computer Science (15 works) · Economics (13 works) · Econometrics (11 works) · Microeconomics (10 works) · Mathematics (9 works) · Preference (9 works) · Statistics (9 works) · Economics of Agriculture and Food Markets (7 works) · Revealed preference (7 works) · Gender, Labor, and Family Dynamics (5 works)