parenting styles (related to Baumrind 1967). Parents maximize an objective function that combines Beckerian and paternalistic … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences … innovation. -- Intergenerational Preference Transmission ; Altruism ; Paternalism ; Entrepreneurship ; Innovation …

We propose a model of parental altruism in relation with child habit formation, where children are unaware of their … have generated. This implies that parents from richer families, ceteris paribus, tend to guard against their children …