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The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811
This paper investigates the design of incentives in a dynamic adverse selection framework when agents' production technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full commitment available to the principal, we show that...
Persistent link: https://www.econbiz.de/10010315563
This paper examines the synchronous leisure of spouses and the extent to which spouses spend time together. The time budget data set used in this paper allows for a distinction between simultaneous time-use of spouses and the actual time that spouses meet. A comparison between couples and...
Persistent link: https://www.econbiz.de/10010321735
This study investigates the prevalence and extent of altruism by examining the relationship between parents' and their …
Persistent link: https://www.econbiz.de/10010315538
Goal structures in family firms seems of particular interest to the field as the overall orientation and the objectives … of family firms are determined in an area of potential conflict between the two subsystems of firm and family. We asked … shareholders of German family firms to rate the importance of certain goals in the organization's management. By doing a principal …
Persistent link: https://www.econbiz.de/10010305727
Since the seminal work of Becker, the analysis of endogenous fertility has been based on the trade-off faced by parents …
Persistent link: https://www.econbiz.de/10010335966
Process benefit scores indicates that time with own children is preferred before all other activities, closely followed by market work. The trade-off between parents' time with their own kids and market work, and its dependence on out-of-home day-care is analyzed in a simultaneous equation...
Persistent link: https://www.econbiz.de/10010321803
Extensive research in economics explores generosity in monetary allocations, while generosity in non-laboratory contexts often involves the allocation of consumption goods or non-monetary harm. Psychological evidence suggests that generosity may be higher in such contexts. We compare generosity...
Persistent link: https://www.econbiz.de/10010316844
altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …
Persistent link: https://www.econbiz.de/10010316863
each other's payoff. A positive, negative or zero weight represents altruism, spite or complete selfishness, respectively …) payoff can only increase or remain unchanged with an increasing degree of altruism. …
Persistent link: https://www.econbiz.de/10010336031