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Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets driven by one's desire for freedom to act selfishly. Specifically, an...
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altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data … for 2002, show that private transfers can’t be explained by altruism but rather by reciprocity. More precisely, in poor …
Persistent link: https://www.econbiz.de/10005379184
altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data … for 2002, show that private transfers can’t be explained by altruism but rather by reciprocity. More precisely, in poor …
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