Showing 1 - 10 of 2,016
Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is ambiguous. Prosocial utility may depend on the actual utility consequences for others – it is consequence-dated – or it may be related to the act of giving and is thus...
Persistent link: https://www.econbiz.de/10013250248
's common restrictions on the curvature of the decision-makers utility function can dramatically bias the altruism parameter. We … show that this is particularly problematic when comparing altruism between groups with well-documented differences in risk …
Persistent link: https://www.econbiz.de/10012912251
We study the design of public long-term care (LTC) insurance when the altruism of informal caregivers is uncertain. We … while children's altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric …
Persistent link: https://www.econbiz.de/10012915327
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10013139713
treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …
Persistent link: https://www.econbiz.de/10013104054
colleagues, which in turn creates co-worker altruism. We study how financial incentives for productive activities can improve or …
Persistent link: https://www.econbiz.de/10013154985
In developing societies, social norms typically ascribe differential weights to paternal, maternal and communal (or state) contributions to children's expenses. Individuals internalize these valuations. I examine a Cournot model of voluntary contribution to children's goods in a two-adult...
Persistent link: https://www.econbiz.de/10013154987
This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we … develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other … that altruism undermines the credibility of a threat of dismissal but strengthens the credibility of a bonus. Among others …
Persistent link: https://www.econbiz.de/10013082165
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10013051795
-selection and allocation decisions of agents who differ in altruism towards clients. When bureaucrats are paid flat wages, they do … of the altruism distribution. We also show how client composition affects sorting and why street-level bureaucrats often …
Persistent link: https://www.econbiz.de/10013324768