Showing 1 - 4 of 4
each other’s payoff. A positive, negative or zero weight represents altruism, spite or complete selfishness, respectively …) payoff can only increase or remain unchanged with an increasing degree of altruism. …
Persistent link: https://www.econbiz.de/10008626046
We investigate a setting in which members of a population, bifurcated into a majority and a minority, transact with randomly matched partners. All members are uniformly altruistic, and each transaction can be carried out cooperatively or through a market mechanism, with cooperative transactions...
Persistent link: https://www.econbiz.de/10008542676
research on demographic transition assumed altruism as the main element explaining the increase in fertility rates, this paper … does not, since altruism seems irrelevant over this period. The relationship between parents and children is part of a … nineteenth century, parental behavior was not compatible with altruism. I therefore present a model that suits the social norms …
Persistent link: https://www.econbiz.de/10008553026
paper, we construct a neoclassical growth model where intergenerational altruism is endogenous and entails costly sacrifices … conditions, altruism determines the level of intergenerational bequests and ultimately the accumulation of physical capital and … accumulate altruism in the long run whenever the ‘marginal degree of altruism’ is sufficiently high. Second, we find that the …
Persistent link: https://www.econbiz.de/10010615364