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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

Asymmetry of Information within Family Networks

De Weerdt, Joachim; Genicot, Garance; Mesnard, Alice - C.E.P.R. Discussion Papers - 2014

migrants regarding non-migrants. We develop a static model of asymmetric information that contrasts altruism, pressure and …

Persistent link: https://www.econbiz.de/10011084616

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

Fiscal Policy with Agents Differing in Altruism and in Ability

Michel, Philippe; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2004

social security system and inheritance taxation) in an overlapping generations model with perfect altruism. It generalizes … productivity and altruism. Within such a model wealth is entirely held in the steady-state by the families with the highest degree … of altruism. Under plausible assumptions both public debt and social security are neutral à la Ricardo, while increasing …

Persistent link: https://www.econbiz.de/10005504719

Theories of Fairness and Reciprocity - Evidence and Economic Applications

Fehr, Ernst; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 2001

Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...

Persistent link: https://www.econbiz.de/10005656392