Alger, Ingela; Weibull, Jörgen - Economics Institute for Research (SIR), … - 2007
other. We show that altruism has a non-monotonic effect on effort. We study how this effect depends on "climate," the … siblings may transfer output to each other. We show that altruism has a non-
monotonic e�ect on e�ort. Equilibrium e …�ort decreases (increases) with altruism at low
(high) levels of altruism. We study how this e�ect depends on �climate,�the magnitude …