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Persistent link: https://www.econbiz.de/10011993547
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The purpose of this paper is to provide a general proposition of the relationship between altruism and risk taking. As … cases, we find that altruism lowers risk aversion. The specific case in which the utility functions of the benefactor and of … characterization. We conclude that in terms of risk-taking behavior, a "population" endowed with altruism is uniformly more willing to …
Persistent link: https://www.econbiz.de/10015143943
study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a … averse than a comparable person who is not altruistic: altruism is a cause of greater willingness to take risks. The finding …
Persistent link: https://www.econbiz.de/10014423411
study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a … averse than a comparable person who is not altruistic: altruism is a cause of greater willingness to take risks. The finding …
Persistent link: https://www.econbiz.de/10014394252
The purpose of this paper is to provide a general proposition of the relationship between altruism and risk taking. As … cases, we find that altruism lowers risk aversion. The specific case in which the utility functions of the benefactor and of … characterization. We conclude that in terms of risk-taking behavior, a "population" endowed with altruism is uniformly more willing to …
Persistent link: https://www.econbiz.de/10015132886
Persistent link: https://www.econbiz.de/10000883520
Research on intergenerational transmission of wealth has pointed to uncertainty -- about the date of one's own death, for example -- as a potential source of significant bequest flows. In this paper I examine the effects of this same uncertainty on the behavior of those who expect to receive...
Persistent link: https://www.econbiz.de/10013137648
Research on intergenerational transmission of wealth has pointed to uncertainty -- about the date of one's own death, for example -- as a potential source of significant bequest flows. In this paper I examine the effects of this same uncertainty on the behavior of those who expect to receive...
Persistent link: https://www.econbiz.de/10012474469
Persistent link: https://www.econbiz.de/10015123779