Showing 1 - 10 of 18
The assumption that preferences are transitive, or, equivalently, that choice behavior satisfies the Weak Axiom of Revealed Preference, is at the core of most economic theory. While this is a natural assumption, one could ask the degree to which it is restrictive: are there objectives that could...
Persistent link: https://www.econbiz.de/10005118608
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
This is a theoretical study of human-capital formation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10005125917
of society are centred around issues of altruism and selfishness. Experimental evidence indicates that human altruism is … altruists to defect. Current gene-based evolutionary theories cannot explain important patterns of human altruism, pointing …
Persistent link: https://www.econbiz.de/10005408232
the Indonesian Family Life Survey (IFLS). The pure loan model and the reciprocity with two-sided altruism model yield … favors the second model of reciprocity with two-sided altruism. …
Persistent link: https://www.econbiz.de/10005408378
explained either by altruism or by an exchange motive. Though unequal sharing is expected under both hypotheses, under altruism …
Persistent link: https://www.econbiz.de/10005413268