Showing 1 - 10 of 33
by the collection. The method of characterization relies upon transitivity of menu preferences, but completeness can be …
Persistent link: https://www.econbiz.de/10011927986
Transitivity is perhaps the most fundamental choice axiom and, therefore, almost all economic models assume that … preferences are transitive. The empirical literature has regularly documented violations of transitivity, but these violations … deterministic part of individuals' preferences. However, what if transitivity violations reflect individuals' nontransitive …
Persistent link: https://www.econbiz.de/10013285526
Transitivity is perhaps the most fundamental choice axiom and, therefore, almost all economic models assume that … preferences are transitive. The empirical literature has regularly documented violations of transitivity, but these violations … deterministic part of individuals' preferences. However, what if transitivity violations reflect individuals' genuinely …
Persistent link: https://www.econbiz.de/10013531822
The objective of this paper is to study to what extent parents divide their estates unequally between their children. Unequal sharing of parental transfers is, for example, a necessary condition for theories of altruistic (dynastic) behavior to hold. I use a new data set based on the estate...
Persistent link: https://www.econbiz.de/10010321579
To what extent do people avoid taxes on intra-family transfers (bequests and gifts), and how would integration (unification) of the different transfers taxes affect tax avoidance? These issues are important for families and their welfare, as well as for governments and their possibilities of...
Persistent link: https://www.econbiz.de/10010321612
that, with uncertain future income, altruism per se can induce time consistent, however, not necessarily ex ante efficient …
Persistent link: https://www.econbiz.de/10010321761
This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10010321766
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
A preference for negative reciprocity is an important part of the human emotional repertoire. We model its role in sustaining cooperative behavior but highlight an intrinsic free-rider problem: the fitness benefits of negative reciprocity are dispersed throughout the entire group, but the...
Persistent link: https://www.econbiz.de/10010322689
We provide a direct test of the impact of altruism on remittances. From a sample of 105 male migrant workers from … use it as a proxy for altruism. When the entire sample is considered, we find that only migrants' income robustly explains … remittances. Altruism does not seem to matter. However, we document a strong positive relationship between altruism and …
Persistent link: https://www.econbiz.de/10010332035