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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
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
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
the structure of the family including the altruism of children affect incidence indexes? How should fiscal shifting of the …
Persistent link: https://www.econbiz.de/10009645634
We examine differences in altruism and laziness between public sector employees and private sector employees. Our … theoretical model predicts that the likelihood of public sector employment increases with a worker’s altruism, and increases or … decreases with a worker’s laziness depending on his altruism. Using data from the German Socio-Economic Panel Study, we find …
Persistent link: https://www.econbiz.de/10010667421