parents can undersave strategically. I impose an explicit non-negativity constraint on gifts, which - for all numerical … examples suggested by O'Connell and Zeldes - alters this result, by making gifts non-operative. However, for other realistic …

preferences, they will be indifferent between gifts and bequests, and Pareto-efficiency is always obtained. In intermediate cases … of Atkinson-type welfare functions, welfare losses of bequests compared to gifts disappear as the aversion to inequality …

The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property … inherited. We show that, given optimal choice of altruistic parents is compensatory gifts and equal bequests. …

The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property … inherited. We show that, given these assumptions, the optimal choice of altruistic parents is compensatory gifts and equal …

In many developing and transitional countries, inter-household transfers in general and gifts in particular are sizable … and very important. We use unique Romanian data that enables us, contrary to most previous studies, to isolate pure gifts … the occurrence of gifts and that the rich and the poor receive to the same extent. However, we find different motives for …

Six experiments examined the effects of thank-you gifts on charitable giving. Results indicate that although people … expect that the offer of thank-you gifts will increase donations, such offers actually reduce charitable donations. This … effect was obtained across a wide variety of charities and gifts types, regardless of whether the donations were hypothetical …

We study with a sample of 1,070 primary school children, aged seven to eleven years,how altruism in a donation … experiment is related to children’s risk attitudes and intertemporalchoices. Examining such a relationship is motivated by …

We study in a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation … experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by … theories of reciprocal altruism that provide a cornerstone for understanding human social behavior. We find that higher risk …

We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation … experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by … theories of reciprocal altruism that provide a cornerstone to understand human social behavior. We find that higher risk …