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There is a potential free-rider problem when several siblings consider future provision of care for their elderly parents. Siblings can commit to not providing long- term support by living far away. If location decisions are made by birth order, older siblings may enjoy a first-mover advantage....
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When siblings are concerned for the well-being of their elderly parents, the costs of caregiving and long-term commitment create a free-rider problem. If siblings living near their parents can share the costs, this positive externality exacerbates the under-provision of proximate living....
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When siblings wish for the well-being of their elderly parents, the cost of caregiving and long-term commitment creates a free-rider problem among siblings. We estimate a sequential game to investigate externality and strategic interaction among adult siblings regarding their location choice...
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