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Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth

Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...

Persistent link: https://www.econbiz.de/10014023678

Inequality and Network Structure

Iyengar, Garud - 2008

This paper explores the manner in which the structure of a social network constrains the level of inequality that can … be sustained among its members. We assume that any distribution of value across the network must be stable with respect … network. We show that if the network is bipartite, there is a unique stable payoff distribution that is maximally unequal in …

Persistent link: https://www.econbiz.de/10012723139

Networks Formation to Assist Decision Making

Goldbaum, David - 2016

This paper examines network formation among a connected population with a preference for conformity and leadership …. Agents build stable personal relationships to achieve coordinated actions. The network serves as a repository of collective … reveals how behavioral tendencies impact network formation and identifies locally stable disequilibrium structures …

Persistent link: https://www.econbiz.de/10014035047

Chapter 1 Introduction to the Economics of Giving, Altruism and Reciprocity

Kolm, Serge-Christophe - In: Handbook of the economics of giving, altruism and …, (pp. 1-122). 2006

Altruism, giving and pro-social conduct, and reciprocity, are the basis of the existence and performance of societies, through their various occurrences: in families; among the diverse motives of the political and public sector; as the general respect and moral conduct which permit life in...

Persistent link: https://www.econbiz.de/10014023682

The Effect of Social Information in the Dictator Game with a Taking Option

O'Garra, Tanya - 2019

We experimentally study how redistribution choices are affected by positive and negative information regarding the behaviour of a previous participant in a dictator game with a taking option. We use the strategy method to identify behavioural ‘types', and thus distinguish ‘conformists' from...

Persistent link: https://www.econbiz.de/10012865728

Chapter 24 Selfishness, altruism and normative principles in the economic analysis of social transfers

Blanchet, Didier; Fleurbaey, Marc - In: Handbook of the economics of giving, altruism and …, (pp. 1465-1503). 2006

This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...

Persistent link: https://www.econbiz.de/10014023654

Equal Awards vs. Equal Losses in Bankruptcy Problems

Alcalde, José - 2017

The Constrained Equal Awards and Equal Losses rules are traditional ways to solve bankruptcy problems. These rules are characterized by two parameters α and β that represent, respectively, the maximum amount a claimant receives, or the maximum amount a claimant loses. Moreover, these rules...

Persistent link: https://www.econbiz.de/10012962816

Chapter 56 Values of games with infinitely many players

Neyman, Abraham - In: Handbook of game theory with economic applications : …, (pp. 2121-2167). 2002

This chapter studies the theory of value of games with infinitely many players.Games with infinitely many players are models of interactions with many players. Often most of the players are individually insignificant, and are effective in the game only via coalitions. At the same time there may...

Persistent link: https://www.econbiz.de/10014024489

Cost Sharing in a Job Scheduling Problem

Mishra, Debasis; Rangarajan, Bharath - 2007

A set of jobs need to be served by a server which can serve only one job at a time. Jobs have processing times and incur waiting costs (linear in their waiting time). The jobs share their costs through compensation using monetary transfers. In the first part, we provide an axiomatic...

Persistent link: https://www.econbiz.de/10014026948

Congestion in Irrigation Problems (Congestion en problems de irrigacion)

Jaramillo, Paula - 2013

Consider a problem in which the cost of building an irrigation canal has to be divided among a set of people. Each person has different needs. When the needs of two or more people overlap, there is congestion. In problems without congestion, a unique canal serves all the people and it is enough...

Persistent link: https://www.econbiz.de/10013085629