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In the presence of two-sided altruism, i.e., when parents and children care about each other’s utility, increases in …
Persistent link: https://www.econbiz.de/10005556081
This paper examines aspects of the replication of inequality across generations and attempts to assess the extent to which parental resources influence the life chances and living standards of adult children. The data come from a survey of 4,400 households in Chile that focused on parental...
Persistent link: https://www.econbiz.de/10005076518
The household membership decision is viewed as a “research project” where the offspring invests in human and non human capital to influence the probability of finding an alternative to the parental household. The problem is formulated as a differential game between a selfish offspring and...
Persistent link: https://www.econbiz.de/10005408338
This paper studies the welfare properties of distortionary transfers in a life-cycle growth model where natural capital is private property. The main result is that, under credible pre-commitment, each newborn generation prefers positive taxes-subsidies to laissez-faire conditions when the...
Persistent link: https://www.econbiz.de/10005408406
without earnings uncertainty, and one without altruism. …
Persistent link: https://www.econbiz.de/10005561081
instrument for spouse’s well-being and allowing controls on individual fixed effects, we find strong evidence of altruism …
Persistent link: https://www.econbiz.de/10005076542
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
This paper shows that altruism may be beneficial in bargaining when there is competition for bargaining partners. In a …. However, this advantage is eroded as the discount factor increases, and if players are perfectly patient altruism and spite …
Persistent link: https://www.econbiz.de/10005124853
, 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
Charities publicize the donations they receive, generally according to dollar categories rather than the exact amount. Donors in turn tend to give the minimum amount necessary to get into a category. These facts suggest that donors have a taste for having their donations made public. This paper...
Persistent link: https://www.econbiz.de/10005125886