Showing 1 - 10 of 6,495
altruism seems to motivate many public subsidies such as Medicaid in the US. We stress that standard remedies to the two …
Persistent link: https://www.econbiz.de/10012752457
For an economy with altruistic parents facing productivity shocks, the optimal estate taxation is progressive: fortunate parents should face lower net returns on their inheritances. This progressivity reflects optimal mean reversion in consumption, which ensures that a long-run steady state...
Persistent link: https://www.econbiz.de/10012778251
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/10013222309
Using nationally representative data on consumption, we show that Blacks and Hispanics devote larger shares of their expenditure bundles to visible goods (clothing, jewelry, and cars) than do comparable Whites. We demonstrate that these differences exist among virtually all sub-populations, that...
Persistent link: https://www.econbiz.de/10012759843
We empirically test an information economics based theory of social preferences in which ego utility and self … a large price discount for the good. The combined evidence supports the self-signaling theory whereby price discounts … crowd out a consumer's self-inference of altruism from buying a good bundled with a charitable donation. Alternative …
Persistent link: https://www.econbiz.de/10013017093
awareness of the empathy-altruism link, rather than pernicious social costs of fundraising …
Persistent link: https://www.econbiz.de/10013117564
spending crowds out the charity that ensues from these forces only modestly. Moreover, people's donations tend to rise when …
Persistent link: https://www.econbiz.de/10013118425
to advance our understanding of the economics of charity and test if such "costs" exist in the field. This approach … static theory and an experimental design that focused on short run substitution effects rather than dynamic interactions …. Second, we can reject the pure altruism model of giving. Third, we find that public good provision is maximized in both the …
Persistent link: https://www.econbiz.de/10013119950
donations yield greater explanatory power than the standard model of impure altruism …
Persistent link: https://www.econbiz.de/10013107021
Theories abound for why individuals give to charity. We conduct a field experiment with donors to a Yale University …
Persistent link: https://www.econbiz.de/10013112795