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Transfers within a three generations family: when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - Institut d'Économie Industrielle (IDEI), Toulouse … - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10011240553
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Transfers within a three generations family: when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - Toulouse School of Economics (TSE) - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10011240618
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Transfers within a Three Generations Family: When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - Institute for the Study of Labor (IZA) - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker's rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10010884300
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Transfers within a three generations family: when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - Volkswirtschaftliche Fakultät, … - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10011210872
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Transfers within a three Generations Family: When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - CESifo - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10010790169
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Rotten spouses, family transfers and public goods
Cremer, Helmuth; Roeder, Kerstin - Institut d'Économie Industrielle (IDEI), Toulouse … - 2014
We show that once interfamily exchanges are considered, Becker?s rotten kids mechan- ism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of e¢fficiency in the contribution game amongst siblings extends to a...
Persistent link: https://www.econbiz.de/10010968952
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Rotten spouses, family transfers and public goods
Cremer, Helmuth; Roeder, Kerstin - Toulouse School of Economics (TSE) - 2014
We show that once interfamily exchanges are considered, Becker?s rotten kids mechan- ism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of e¢fficiency in the contribution game amongst siblings extends to a...
Persistent link: https://www.econbiz.de/10011004749
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Rotten Spouses, Family Transfers and Public Goods
Cremer, Helmuth; Roeder, Kerstin - Institute for the Study of Labor (IZA) - 2014
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010747352
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Sequential lending with dynamic joint liability in micro-finance
Chowdhury, Shyamal; Roy Chowdhury, Prabal; Sengupta, Kunal - Volkswirtschaftliche Fakultät, … - 2014
This paper develops a theory of sequential lending in groups in micro-finance that centers on the notion of dynamic incentives, in particular the simple idea that default incentives should be relatively uniformly distributed across time. In a framework that allows project returns to accrue over...
Persistent link: https://www.econbiz.de/10011108610
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Fuzzy sets from the ethics of social preferences
Alcantud, José Carlos R. - Volkswirtschaftliche Fakultät, … - 2013
We show that the problem of evaluating infinite sequences (or streams) of utilities by a unique utility (or social welfare function) can be stated in terms of fuzzy subsets of the set of infinite utility sequences. For each stream, its evaluation can be viewed as its degree of membership to the...
Persistent link: https://www.econbiz.de/10011260074