Children who can count on support from altruistic parents may not try hard to succeed in the labor market. Moreover … which later cause their children to experience guilt or shame associated with failure to support themselves. While social …. We also examine the formation of norms requiring children to support their parents financially in old age. …

investors – family and friends – is often willing to supply funds at negative returns, and yet many borrowers tap family and … family and friends, and propose an alternative explanation of the limits of informal finance: Altruistic ties reduce agency … problems in financing. But such ties also increase the entrepreneur’s aversion to failure. This makes financing from family and …

rationally with each other. By comparing the success of players with different preferences, we investigate whether evolution …

satisfaction; job satisfaction; and life satisfaction. We account for interdependence within the family using data on partnered men … children do not care about their hours of work at all, while women with children are significantly happier if they have a job …