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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
we examine why spending patterns differ between mothers and fathers, e.g., altruism, personal returns to investing in … mothers do not. We also find evidence that altruism plays a role in the mother-father differences: fathers' WTP for goods that …
Persistent link: https://www.econbiz.de/10013191006
competitive market in rescues. The model explicitly incorporates the possibility of rescues motivated by altruism. We then apply … main consistent with our economic model when altruism is taken into account, as are the differences between the maritime …
Persistent link: https://www.econbiz.de/10012478909
would be much less imposing were it not for altruism, a factor ignored in most discussion of externalities. Altruism may be … of altruism, the costs of rescue, and the benefits to the rescuee. Although the general legal rule is not to reward the … rescuer (nor to impose liability), the law recognizes the fragility of altruism and entitles the rescuer to a reward in …
Persistent link: https://www.econbiz.de/10012478919
limitations of the frequently used specification test that distinguishes between the standard models of pure and impure altruism … impure altruism compared with pure altruism, we show that, in general, it can be either more or less. Second, we propose a … heterogeneity based on park and volunteer hour types, are theoretically consistent with the mainstay model of impure altruism …
Persistent link: https://www.econbiz.de/10012480388