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We analyze the role of "the" utility discount rate and its implications to generation-specific and societal altruism … have to be distinguished: An (inverse) altruism-parameter and a social discount rate. High levels of the altruism … - as well as altruism-models and, additionally, the altruism-parameter has to be infinitely high. This shows clearly that …
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In this paper we show that making choices that involve conflicts between self-interest and otherregarding concerns may deplete cognitive resources and willpower and thus reduce individuals' ability to exert self-control. In a lab experiment we use a series of modified dictator games to...
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Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets driven by one's desire for freedom to act selfishly. Specifically, an...
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