transfers may be driven not only by altruism, but also by exchange considerations. We use data from the Survey of Health, Ageing … from parents to children and time transfers from children to parents, the empirical evidence rejects pure altruism in favor … of exchange. …

exchange motive for transfers in the symmetric informational regime we study. However, both altruism and exchange are important … motives under asymmetric information. We show that altruism facilitates transfer-attention exchange arrangements with certain …We examine the role of altruism in determining optimal transfers from a principal (a mother) to selfish agents (her …

which includes concern with fairness and leaves altruism as an additional motive. We show that, in contrast to the … prediction of the pure altruism model, parents do not offset income inequality among their children but decide to give equal …