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contrast to the Life Cycle and Keynesian models, the altruism model implies that the extended family is the basic economic … decision-making unit. According to this model the extended family is linked through altruism and, as a result, acts as if it … fully shares resources. In the altruism model nondistortionary changes in the distribution of resources across households …
Persistent link: https://www.econbiz.de/10012476002
This paper examines the bequest\gift behavior of altruistic parents who do not know their children's abilities and cannot observe their children's work effort. Parents are likely to respond to this information problem by making larger bequests to higher earning children and by using their...
Persistent link: https://www.econbiz.de/10012476325
noncooperative altruism models. This feature is that noninterior strategic postures underlie interior transfer behavior and that …
Persistent link: https://www.econbiz.de/10012476362