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. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism … deprivation. I provide examples of domains in which the incorporation of altruism and relative deprivation can point to novel … consideration of relative deprivation can substitute for the prevalence of altruism, and vice versa. I conclude that this is a …
Persistent link: https://www.econbiz.de/10010197411
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle in-come...
Persistent link: https://www.econbiz.de/10012231585
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle income...
Persistent link: https://www.econbiz.de/10012232795
The literature suggests that the household invests in the human capital of a child member not only for altruistic reasons but also as insurance against future income shocks. Hence, the allocation of the child's time between school and work is a function of the risk preference of the household...
Persistent link: https://www.econbiz.de/10012200935
Persistent link: https://www.econbiz.de/10011778687
, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …
Persistent link: https://www.econbiz.de/10011753528
heterogeneity. When altruism heterogeneity is low, income inequality follows an inverse U-shaped pattern relative to the level of … altruism, which is consistent with the cross-country Kuznets curve. When altruism heterogeneity is high, income inequality …We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove …
Persistent link: https://www.econbiz.de/10014384038
Persistent link: https://www.econbiz.de/10012439045
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Altruism, giving and pro-social conduct, and reciprocity, are the basis of the existence and performance of societies … (which they sometimes also create); and in charity and specific organizations. Altruism has various origins: it can be … hedonistic or natural altruism in empathy, affection, sympathy, emotional contagion, pity, and compassion; or normative altruism …
Persistent link: https://www.econbiz.de/10014023682