Showing 1 - 10 of 2,595
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary … theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much …
Persistent link: https://www.econbiz.de/10012027303
This paper studies the determination of informal long-term care (family aid) to dependent elderly in a worst case scenario concerning the "harmony" of family relations. Children are purely selfish, and neither side can make credible commitments (which rules out efficient bargaining). The model...
Persistent link: https://www.econbiz.de/10009792497
achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …
Persistent link: https://www.econbiz.de/10003594436
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences … innovation. -- intergenerational preference transmission ; altruism ; paternalism ; entrepreneurship ; innovation …
Persistent link: https://www.econbiz.de/10009683250
Child labor is a widespread phenomenon and therefore is of interest to both researchers and policy makers. Various reasons for the existence of child labor have been proposed with the goal of designing appropriate solutions. While household poverty is viewed as the main reason for child labor,...
Persistent link: https://www.econbiz.de/10012793312
's degree of altruism is randomly distributed over some interval. Social insurance helps parents who receive a low level of care …
Persistent link: https://www.econbiz.de/10011596071
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010370150
Economic preferences are important for lifetime outcomes such as educational achievements, health status, or labor market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 families (and 1,999 individuals) from rural Bangladesh...
Persistent link: https://www.econbiz.de/10012245060
Economic preferences - like time, risk and social preferences - have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences are...
Persistent link: https://www.econbiz.de/10011798209
. In the model agents receive heterogeneous utility from pure and impure altruism (Andreoni 1989) that permits warm glow to … vary between monetary donations and volunteering, thus allowing preferences for impure altruism to rationalize inefficient … allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a …
Persistent link: https://www.econbiz.de/10009755326