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Warm-Glow Giving and Freedom to be Selfish

Evren, Özgür; Minardi, Stefania - Center for Economic and Financial Research (CEFIR), New … - 2011

Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets, in the sense of the literature on freedom of choice. Specically, an...

Persistent link: https://www.econbiz.de/10010535509

Parental altruism under imperfect information: theory and evidence

Villanueva, Ernesto - Barcelona Graduate School of Economics (Barcelona GSE) - 2003

Understanding if altruism motivates intergenerational monetary transfers is crucial to assess the effectiveness of … public policies that redistribute income across generations. Previous works have rejected the altruism hypothesis. This paper … presents an altruism model that incorporates effort of the child and introduces imperfect information of parents about the …

Persistent link: https://www.econbiz.de/10010547132

Fiscal policy, composition of intergenerational transfers, and income distribution

Alonso-Carrera, Jaime; Caballé, Jordi; Raurich, Xavier - Barcelona Graduate School of Economics (Barcelona GSE) - 2009

In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of...

Persistent link: https://www.econbiz.de/10010547299

Altruism and Voting: A Large-Turnout Result That Does not Rely on Civic Duty or Cooperative Behavior

Evren, Özgür - Center for Economic and Financial Research (CEFIR), New … - 2012

a large election, despite the presence of altruism. …

Persistent link: https://www.econbiz.de/10010548313

Games on Networks: Direct Complements and Indirect Substitutes

Currarini, Sergio; Fumagalli, Elena; Panebianco, Fabrizio - Department of Economics, Leicester University - 2012

Many types of economic and social activities involve signifcant behavioral complementarities (peer effects) with neighbors in the social network. The same activities often exert externalities, that cumulates in "stocks" affecting agents' welfare and incentives. For instance, smoking is subject...

Persistent link: https://www.econbiz.de/10010604797

Public investment and higher education inequality

Cesi, Berardino - Department of Economics, Leicester University - 2006

Empirical results show that children from high income households achieve higher levels of education and are more likely to be enrolled in post compulsory school. Theoretical findings fail to answer clearly whether greater public investment in the higher education system effectively decreases the...

Persistent link: https://www.econbiz.de/10005561918