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Persistent link: https://www.econbiz.de/10003584665
other. We show that altruism has a non-monotonic effect on effort. We study how this effect depends on "climate," the … robustness depends on climate. We find that family ties will be stronger in milder climates than in harsher climates. -- altruism …
Persistent link: https://www.econbiz.de/10003591078
produce output under uncertainty, and siblings may transfer output to each other. We show that altruism has a non …-monotonic effect on effort. Equilibrium effort decreases (increases) with altruism at low (high) levels of altruism. We study how this … climates than in harsher climates, and that the evolutionarily robust degree of altruism is positive but less than one half …
Persistent link: https://www.econbiz.de/10012728516
mixture of true and coerced altruism between family members. We model families as pairs of siblings. Each sibling exerts … actuarially fair formal insurance. We show that coerced family altruism reduces individual efforts in equilibrium. However …, individuals always benefit ex ante from living in families with coerced altruism, as compared with living in autarky. We show that …
Persistent link: https://www.econbiz.de/10003591076
Persistent link: https://www.econbiz.de/10003577539
mixture of true and coerced altruism between family members. We model families as pairs of siblings. Each sibling exerts … actuarially fair formal insurance. We show that coerced family altruism reduces individual efforts in equilibrium. However …, individuals always benefit ex ante from living in families with coerced altruism, as compared with living in autarky. We show that …
Persistent link: https://www.econbiz.de/10014222251
other. We show that altruism has a non-monotonic effect on effort. We study how this effect depends on climate, the …
Persistent link: https://www.econbiz.de/10010281251
Persistent link: https://www.econbiz.de/10012216253
mixture of true and coerced altruism between family members. We model families as pairs of siblings. Each sibling exerts … actuarially fair formal insurance. We show that coerced family altruism reduces individual efforts in equilibrium. However …, individuals always benefit ex ante from living in families with coerced altruism, as compared with living in autarky. We show that …
Persistent link: https://www.econbiz.de/10010281420
Persistent link: https://www.econbiz.de/10012623470