Falk, Ita; Stark, Oded - In: Economica 68 (2001) 272, pp. 505-18
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties relate to altruism and to impatience, and we reason...