Recognizing that individualism, or weak family ties, may be favorable to economic development, we ask how family ties … analyze how the equilibrium outcome depends on altruism and climate for ex ante identical individuals. We also consider (a …) coerced altruism, that is, situations where a social norm dictates how output be shared, (b) the effects of insurance markets …

Is discounting of future instantaneous utilities consistent with altruism towards future selves? More precisely, can … Pollak (1968) and Laibson (1997) correspond to quasi-exponential altruism towards one's future selves. For ß=1/2, these … welfare weights are exponential, while for ß<1/2 they are biased in favor of the current self, and for ß>1/2 in favor of one …

) and Laibson (1997) correspond to quasi-exponential altruism towards one's future selves. For ß=1/2, the welfare weights … a welfare representation in the form of a sum of discounted total utilities. We find that a consumption …-based representation in the usual exponential form corresponds to one-period 'altruism' towards one's future selves: the current self gives …

This paper examines how revenues from a natural resource interact with growth and welfare in an overlapping generations … model with altruism. The revenues are allocated between public productive services and direct transfers to members of … abundance of the revenue. Abundant revenues may harm growth, but growth and welfare can be oppositely affected. We also provide …

on both welfare and the global climate protection level. We show that matching coalitions may bring about a decline in … global public good provision and a reduction in the welfare of outsiders. …