This paper examines the role of bequests and of taxation on bequests for the distributionof wealth. We investigate a model with overlapping generations and heterogenoushouseholds where parents derive utility directly from their bequests. We obtain allresults analytically. Using the coefficient...

Neoclassical economic theory rules out systematic errors in consumptionchoice. According to the basic view, individuals know what they choose. They areable to predict how much utility an activity or a good produces for them now and inthe future and they can maximize their utility. This implies...

Volunteering constitutes one of the most important pro-social activities. FollowingAristotle, helping others is the way to higher individual well-being. This view contrasts with theselfish utility maximizer who avoids costs from helping others. The two rival views are studiedempirically. We find...

Auch zu Beginn des dritten Jahrtausends werden in Wissenschaft und Praxisintensive Diskussionen zu Themen rund um das Dienstleistungsmarketinggeführt. Während der Wandel zur Dienstleistungsgesellschaft miteinem wachsenden Dienstleistungssektor ungebrochen ist, besteht weiterhinein...