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Samaritan’s dilemma 1 debt neutrality proposition 1 dynamic consistency 1 human capital based OLG model 1 rotten kid’s theorem 1 two-sided altruism 1 unfunded (PAYG) social security 1
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research-article 1
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Aoki, Takaaki 1
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Asian Journal of Law and Economics 1
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On the Implications of Two-Sided Altruism in Human Capital Based OLG Model
Aoki, Takaaki - In: Asian Journal of Law and Economics 2 (2011) 2
This article summarizes some propositions regarding economic dynamics and implications of two-sided altruism, on the basis of the human-capital-based OLG model of Ehrlich and Lui (1991), with application of a modified, fertility-endogenized definition of linearly separable two-sided altruism by...
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