Showing 1 - 10 of 115
We propose an extension of Harsanyi's Impartial Observer Theorem based on the representation of ignorance as the set of all possible probability distributions over individuals. We obtain a characterization of the observer's preferences that, under our most restrictive conditions, is a convex...
Persistent link: https://www.econbiz.de/10010750385
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …
Persistent link: https://www.econbiz.de/10008788998
of children aged between 7 and 14, we find strong aversion to lying at all ages. Lying is driven mainly by selfish … motives and envy. Children with stronger social preferences are less prone to deception, even when lying would benefit others … at no monetary cost. Older children lie less than younger children and require more selfjustification to lie. …
Persistent link: https://www.econbiz.de/10010899506
Individuals save for their old days, but not all of them enjoy the old age. This paper characterizes the optimal capital accumulation in a two-period OLG model where lifetime is risky and varies across individuals. We compare two long-run social optima: (1) the average utilitarian optimum, where...
Persistent link: https://www.econbiz.de/10010821522
Individuals save for their old days, but not all of them enjoy the old age. This paper characterizes the optimal capital accumulation in a two-period OLG model where lifetime is risky and varies across individuals. We compare two long-run social optima: (1) the average utilitarian optimum, where...
Persistent link: https://www.econbiz.de/10010738961
In this paper we present a model of formation and destruction of informal cooperatives in a population of agents who perform a risky activity and who are heterogeneous in terms of success in their actions. Although some agents have high-risk and others low-risk, our model displays a dynamics...
Persistent link: https://www.econbiz.de/10010933864
The article analyses the potential links between the life course approach and the Transitional Labour Market (TLM) perspective. It provides some empirical evidence of the role played by age and gender in individuals' situation on the labour market, as well as of the heterogeneity in course...
Persistent link: https://www.econbiz.de/10010750579
This paper analyzes the interaction between migrants income and remittances and between remittancesand the labor supply of residents. The model is cast as a two-period game with imperfect informationabout the residents' real economic situation. Residents subject to a good economic situation may...
Persistent link: https://www.econbiz.de/10010738600
-run prevalence of family altruism in the population. That evolutionary effect questions the desirability of the LTC public provision … altruistic and non-altruistic agents, and where the transmission of (non) altruism takes place through a socialization process à …
Persistent link: https://www.econbiz.de/10010738715
degree of short-term impatience, and the degrees of family and non family altruism. Short-term impatience and non family … altruism are found no to affect wealth but, contrarily to recent results of behavioural analysis, the three other parameters … with the degree of family altruism (wealth intended for bequests). The way preferences are measured allows to get rid of …
Persistent link: https://www.econbiz.de/10010739045