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We consider a two group contest over a group specific public good comparing two situations: (i) when all players act independently; and (ii) when the players of each group cooperate. This comparison leads us to the conclusion that it is possible for one group to contribute more (and have a...
Persistent link: https://www.econbiz.de/10010861926
We consider a two group contest over a group specific public good where each member of a group has a different benefit from the good. Our model can be interpreted in two ways: Each of the players has a non-linear investment cost in the contest, or alternatively, the returns to effort are...
Persistent link: https://www.econbiz.de/10008582235
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10008876355
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