Cremer, Helmuth; Roeder, Kerstin - Institut d'Économie Industrielle (IDEI), Toulouse … - 2014
We show that once interfamily exchanges are considered, Becker?s rotten kids mechan- ism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of e¢fficiency in the contribution game amongst siblings extends to a...