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altruistic individual is better off materially. Between pairs, individuals in the pair with the highest degree of altruism are … better off materially. I determine the evolutionarily stable degree of altruism, allowing for assortative matching. The … stable degree of altruism is strictly smaller than the degree of assortativity, and it may be negative. It is also increasing …
Persistent link: https://www.econbiz.de/10005089374
Part of Introduction: The question whether society can readily substitute public action for private initiative with respect to public goods is still very much open. Bergstrom, Blume and Varian (1986, hereafter BBV) and Andreoni (1993) challenge the proposition that government provision "crowds...
Persistent link: https://www.econbiz.de/10005626996
mixture of true and coerced altruism between family members. We model families as pairs of siblings. Each sibling exerts …
Persistent link: https://www.econbiz.de/10004961534
This paper develops and expanded framework for social planning in which coercion stemming from the provision of public goods is explicitly acknowledged. Key issues concern the precise definition of coercion, its difference from redistribtion, and its incorporation into social welfare...
Persistent link: https://www.econbiz.de/10004961535
We explore the formation of a wage structure within a competitive firm that provides improved working conditions in order to reduce turnover within its labor force. The competitive firm must raise the funds required to pay for workplace improvements by, in effect, taxing its own employees.  A...
Persistent link: https://www.econbiz.de/10005626988
We consider the properties of a computable equilibrium model of a competitive polical economy in which the economic interests of groups of voters and their effective influcence on equilibrium policy outcomes can be explicitely distinguished and computed.
Persistent link: https://www.econbiz.de/10005627013