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, recasting it into a Lindahl equilibrium framework. It has been shown that altruism towards parents provides an alternative … a sufficiently strong altruism towards parents can change a Pareto inefficient Samuelsonian economy with negative … proposes an ethical principle to supplement the equilibrium theory for guiding agents in their choice of the degree of altruism …
Persistent link: https://www.econbiz.de/10005125689
A preference for negative reciprocity is an important part of the human emotional repertoire. We model its role in sustaining cooperative behavior but highlight an intrinsic free-rider problem: the fitness benefits of negative reciprocity are dispersed throughout the entire group, but the...
Persistent link: https://www.econbiz.de/10005550868
sometimes carried out long after both victim and perpetrator have left the game. Without this special structure, altruism may in …
Persistent link: https://www.econbiz.de/10005550938
We run a public goods experiment with four different treatments. The payoff function is chosen such that the Nash …
Persistent link: https://www.econbiz.de/10005125596
We propose a two dimensional infinite horizon model of public consumption in which investments are decided by a winner-take-all election. Investments in the two public goods create a linkage across periods and parties have different specialities. We show that the incumbent party vote share...
Persistent link: https://www.econbiz.de/10005556969