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Optimal Timing in Rotten Kid Families

Faria, João Ricardo - 2017

In a family context with endogenous timing, multiple public goods and alternative parental instruments, we show that …

Persistent link: https://www.econbiz.de/10012961947

Transfers within a Three Generations Family : When the Rotten Kids Turn into Altruistic Parents

Cremer, Helmuth; Roeder, Kerstin - 2021

We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …

Persistent link: https://www.econbiz.de/10013315590

Risk Aversion and Prudence in Contests

Sahm, Marco - 2017

I examine the impact of risk preferences on efforts and winning probabilities in generalised Tullock contests between two players. The theoretical analysis yields two main results. First, I specify a sufficient condition on the agents' comparative prudence under which a higher common level of...

Persistent link: https://www.econbiz.de/10012956876

Afriat's Theorem for General Budget Sets

Forges, Françoise - 2006

Afriat (1967) showed the equivalence of the strong axiom of revealed preference and the existence of a solution to a set of linear inequalities. From this solution he constructed a utility function rationalizing the choices of a competitive consumer. We extend Afriat's theorem to a class of...

Persistent link: https://www.econbiz.de/10012780251

Revealed Preferences in a Sequential Prisoners' Dilemma : A Horse-Race between Six Utility Functions

Miettinen, Topi - 2020

We experimentally investigate behavior and beliefs in a sequential prisoner's dilemma. Each subject had to choose an action as first mover and a conditional action as second mover. All subjects also had to state their beliefs about others' second-mover choices. Using these elicited beliefs, we...

Persistent link: https://www.econbiz.de/10012854501

Afriat's Theorem for Indivisible Goods

Forges, Françoise; Iehlé, Vincent - 2021

We identify a natural counterpart of the standard GARP for demand data in which goods are all indivisible. We show that the new axiom (DARP, for “discrete axiom of revealed preference”) is necessary and sufficient for the rationalization of the data by a well-behaved utility function. Our...

Persistent link: https://www.econbiz.de/10013315672

Uncertain Altruism and Non-Linear Long-Term Care Policies

Canta, Chiara - 2018

We study the design of public long-term care (LTC) insurance when the altruism of informal caregivers is uncertain. We … while children's altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric …

Persistent link: https://www.econbiz.de/10012912681

Optimum Taxation of Bequests in a Model with Initial Wealth

Brunner, Johann K. - 2010

external effect related to altruism is accounted for in the social objective …

Persistent link: https://www.econbiz.de/10013146981

Impure Prosocial Motivation in Charity Provision : Warm-Glow Charities and Implications for Public Funding

Scharf, Kimberly A. - 2013

We show that warm-glow motives in provision by competing suppliers can lead to inefficient charity selection. In these situations, discretionary donor choices can promote efficient charity selection even when provision outcomes are non-verifiable. Government funding arrangements, on the other...

Persistent link: https://www.econbiz.de/10013072503

Taxation and Parental Time Allocation Under Different Assumptions on Altruism

Casarico, Alessandra - 2014

In this paper we develop an overlapping generations model in which child care matters for human capital accumulation. We investigate whether an increase in labor supply brought about by a reduction in taxes is always associated with a reduction in parental time devoted to children, which...

Persistent link: https://www.econbiz.de/10013055994