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Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...
Persistent link: https://www.econbiz.de/10011210786
with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit … people’s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled …
Persistent link: https://www.econbiz.de/10005766135
is consistent with prospect theory predictions of the adoption of a risk-seeking attitude after a loss. …
Persistent link: https://www.econbiz.de/10010556847
We show that once interfamily exchanges are considered, Becker’s rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva’s (1999) result of efficiency in the contribution game amongst siblings extends to a...
Persistent link: https://www.econbiz.de/10010877787
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/10010877789
reflecting low altruism—a discount rate on children’s utility greater than the world interest rate—and I examine the implications … spending on debt and retiree entitlements. In the model, altruism towards children determines bequests, government debt, and … the time-path of consumption. Altruism towards parents influences incentives to default. If altruism is low, voters demand …
Persistent link: https://www.econbiz.de/10010877813
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public …
Persistent link: https://www.econbiz.de/10010877869
First the assumption of self-interest as applied in Economics is presented. Here we also discuss areas in which (many) people behave less self- but more other-regarding than traditional economic models assume. Then, greedy behaviour is considered as existing in the political and economic...
Persistent link: https://www.econbiz.de/10010877949
-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …
Persistent link: https://www.econbiz.de/10011210405
The issue of the nature of the altruism inherent in blood donation and the perverse effects of financial rewards for …
Persistent link: https://www.econbiz.de/10009221554