modest altruism results in a unique political equilibrium. We also provide an explanation for why voters are much more …

an extreme form of altruism. Actual motivations for support of social transfers certainly lay somewhere in between, i ….e., a mix of well-understood selfishness and partial altruism. This explains why these systems can redistribute more than …

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 concentrates on lump-sum voluntary transfers, individual or collective …

We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of … steady-state equilibrium. We show that aggregate income is positively related to both level of altruism and altruism …

, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …