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In this paper, we use the classical twin design to provide estimates of genetic and environmental influences on experimentally elicited preferences for risk and giving. Using standard methods from behavior genetics, we find strong prima facie evidence that these preferences are broadly heritable...
Persistent link: https://www.econbiz.de/10010281464
study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a … averse than a comparable person who is not altruistic: altruism is a cause of greater willingness to take risks. The finding …
Persistent link: https://www.econbiz.de/10014469514
study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a … averse than a comparable person who is not altruistic: altruism is a cause of greater willingness to take risks. The finding …
Persistent link: https://www.econbiz.de/10014471659
altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …
Persistent link: https://www.econbiz.de/10010291395
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
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
altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
Persistent link: https://www.econbiz.de/10010324743
This discussion paper led to a publication in href=http://onlinelibrary.wiley.com/doi/10.1002/jae.1071/fullJournal of Applied Econometrics, 24(6), 993-1023.Parents’ transfer motives are important for understanding, e.g., macroeconomics, income (re)distribution, savings, and public finance....
Persistent link: https://www.econbiz.de/10010325497
Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to retirement, we estimate child skill production functions and embed them into an estimated dynastic model in which altruistic mothers and fathers make investments in their...
Persistent link: https://www.econbiz.de/10014480401
Resource transfers among households have received considerable interest among economists in recent years. Two of the main reasons for the surge of interest in household transfers are the information on human nature conveyed by transfer behavior and the implication on income redistribution policy...
Persistent link: https://www.econbiz.de/10010369205