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endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in … fertility; station- ary income per capita is associated with either increasing or decreasing population and output, depending on … fertility: the trade-off between second-period consumption and spending for bequests prompts agents to decrease fertility in …
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find that children’s decisions are particularly characterized by varying levels of altruism. We relate this heterogeneity … preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by … increased sample size. Finally, we use our method to analyze decisions made by dyads of children in an experimental setting. We …
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A number of self-beneficial motives can trigger pro-environmental and prosocial behavior of individuals. We focus on the role of the warm glow of giving-the personal benefit people experience when doing good irrespective of the consequences-in the valuation of ethically certified food products....
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We propose a model of parental altruism in relation to children’s habit formation, as children are unaware of their …
Persistent link: https://www.econbiz.de/10014151624