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this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward …
Persistent link: https://www.econbiz.de/10011255564
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
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 sometimes provides a net incentive to report performance truthfully, rather than to bias evaluations upward. The …
Persistent link: https://www.econbiz.de/10011256342
altruism. We show that allowing for private provision of health care, parallel to (free) treatment in a National Health Service …
Persistent link: https://www.econbiz.de/10011256427