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family) modifies incentive costs. We derive sufficient conditions for the principal to benefit from altruism. They bear on … how altruism affects the agent's marginal rate of substitution between monetary transfers and effort. We characterize the … contracts allowing to screen agents with different degrees of altruism for additive separable utilities. When two agents who are …
Persistent link: https://www.econbiz.de/10005342252
States and that they are altruistically motivated. This suggests that the altruism (or dynasty) model applies in the United …
Persistent link: https://www.econbiz.de/10005342297
In this paper we analyse contributions to a public good within an inter-generational framework where at the end of each session one generation of subjects leave advice for the succeeding generation via free form messages. Such advice can be private (advice left by one player in generation t is...
Persistent link: https://www.econbiz.de/10005342167
Shelling (1960) among others have argued that contributions to public goods may be larger if people spread their contributions and give one small contribution at a time. Examining a threshold public good environment, Marx and Matthews (2000) show that multiple rounds may secure a provision level...
Persistent link: https://www.econbiz.de/10005329025
In this paper we analyse contributions to a public good within an inter-generational framework where at the end of each session one generation of subjects leave advice for the succeeding generation via free form messages. Such advice can be private (advice left by one player in generation is...
Persistent link: https://www.econbiz.de/10005702612