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Traditional economic analysis has proposed well known remedies to deal with consumption externalities and inefficient … of R&D and consumption externalities is central to health care industries around the world generally, and for the … 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/10012466741
from patient interests, especially when providers are motivated more by profits than by altruism. We investigate how profit …
Persistent link: https://www.econbiz.de/10014486242
In recent years, child care subsidies have become an integral part of federal and state efforts to move economically disadvantaged parents from welfare to work. Although previous empirical studies consistently show that these employment-related subsidies raise work levels among this group,...
Persistent link: https://www.econbiz.de/10012462405
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on mortality risk previously documented up to 2004 have...
Persistent link: https://www.econbiz.de/10013334499
In the United States, more than two-thirds of decedents with multichild families divide their estates exactly equally among their children. In contrast, intra vivos gifts are usually unequal. These findings challenge the validity of existing theories regarding the determination of...
Persistent link: https://www.econbiz.de/10012470959
Each year parents transfer a great deal of money to their adult children. While intuition might suggest that these transfers are altruistic and made out of concern for the well-being of the children, the fundamental prediction of the altruistic model has been decisively rejected in empirical...
Persistent link: https://www.econbiz.de/10012471176
intergenerational altruism. Thus, immigrants may be self-selected on fertility. Soviet Jews who migrate to Israel despite high migration …. Selection on altruism can explain why historically immigrant-absorbing countries like the U.S. have higher fertility than other …. Selection on altruism also implies that immigrant-absorbing regions will grow faster, or have higher per capita income, or both …
Persistent link: https://www.econbiz.de/10012471230
-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the …
Persistent link: https://www.econbiz.de/10012471256
.S., (2) that the altruism model is far more applicable in the U.S. than it is in Japan but that it is not the dominant model …
Persistent link: https://www.econbiz.de/10012471313
We report the results of an online experiment studying preferences for giving and preferences for group-wide redistribution in small (4-person) and large (200-person) groups. We find that the desire to engage in voluntary giving decreases significantly with group size. However, voting for...
Persistent link: https://www.econbiz.de/10012660053