Alger, Ingela; Weibull, Jörgen - Economics Institute for Research (SIR), … - 2007
evolutionarily robust degree of altruism.
Keywords: altruism, family ties, moral hazard, evolutionary robustness.
JEL codes: D02, D13 …. However, these formal institutions may face severe moral
hazard problems and hence only provide partial or no insurance at all … increasing in altruism. Thus, altruism mitigates the moral hazard that arises when a
sibling anticipates that he may be helped …