Showing 1 - 10 of 7,647
. I show that, even if the degree of altruism is small, direct democracy leads to commercial policies that are biased …
Persistent link: https://www.econbiz.de/10013231413
are characterized by multifaceted social preferences, encompassing reciprocity, altruism, and inequality aversion …
Persistent link: https://www.econbiz.de/10012930349
-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the …This paper develops a theory of intergenerational exchange for generations that are either selfish or have non …
Persistent link: https://www.econbiz.de/10014157067
In this paper, I show that, under relatively weak conditions, dynastic equilibria are never welfare optima. If a social planner sets policy to maximize a social welfare function, then, except in extreme cases where the planner cares only about a single generation, successive generations will...
Persistent link: https://www.econbiz.de/10014103683
-stakes setting. The estimates reject extant models of giving, but are consistent with the new theory …
Persistent link: https://www.econbiz.de/10012912172
This paper examines the bequest\gift behavior of altruistic parents who do not know their children's abilities and cannot observe their children's work effort. Parents are likely to respond to this information problem by making larger bequests to higher earning children and by using their...
Persistent link: https://www.econbiz.de/10013222309
that it is not of dominant importance even in Japan, and conversely, that the altruism model is far more applicable in the …
Persistent link: https://www.econbiz.de/10013224174
noncooperative altruism models. This feature is that noninterior strategic postures underlie interior transfer behavior and that …
Persistent link: https://www.econbiz.de/10013227518
Each year parents transfer a great deal of money to their adult children. While intuition might suggest that these transfers are altruistic and made out of concern for the well-being of the children, the fundamental prediction of the altruistic model has been decisively rejected in empirical...
Persistent link: https://www.econbiz.de/10013235869
motivated by altruism. Specifically, the paper tests whether an increase by one dollar in the income of parents actively making … standard altruism model augmented to include uncertain and liquidity constraints. These additional elements pin down the timing … heterogeneity across families in the degree of altruism. The findings strongly reject the altruism hypothesis. Redistributing one …
Persistent link: https://www.econbiz.de/10013240529