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Philanthropy is one of the enduring areas of economic research. Why would people work hard only to give their earnings away? The paper explores the theoretical foundations, as well as the empirical and policy research on philanthropy. This paper reviews over 25 years worth of economic research,...
Persistent link: https://www.econbiz.de/10014023660
The purpose of this paper is to survey the theoretical literature on wealth transfer taxation. The focus is normative: we are looking at the design of an optimal tax structure from the standpoint of both equity and efficiency. The gist of this survey is that the optimal design crucially depends...
Persistent link: https://www.econbiz.de/10014023662
mechanisms. Firstly, in the so-called pure altruism model, the parent's utility is augmented by the utility of his child. This … transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and …. Tests usually conclude that the income pooling predicted by pure altruism is not observed, but family transfers are also far …
Persistent link: https://www.econbiz.de/10014023665
The purpose of this essay is to argue that process-regarding preferences or social norms are pervasive in traditional village communities, yet are subject to gradual erosion under the influence of new forces, particularly population growth and market penetration. This is illustrated with respect...
Persistent link: https://www.econbiz.de/10014023671
implications of this idea for economics and game theory. We begin by discussing four classic accounts of the forces that hold human … been introduced into decision and game theory by means of assumptions about non-self-interested preferences specifically …, assumptions about altruism, warm glow, inequality aversion and reciprocity. We identify some of the limitations of these theories …
Persistent link: https://www.econbiz.de/10014023673
communicative reasons (I want to establish or confirm a friendship per se ). In a theory of rational individual action, such …-evolution. In particular, we focus on the conditions under which reciprocity and altruism may survive and even spread over as social …
Persistent link: https://www.econbiz.de/10014023674
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 concentrates on lump-sum voluntary transfers, individual or collective …
Persistent link: https://www.econbiz.de/10014023678
Altruism can be understood in a behavioral or in a psychological sense. Motivationally, altruism is the desire to … enhance the welfare of others at a net welfare loss to oneself. Behaviorally, altruism is any act that could have resulted …
Persistent link: https://www.econbiz.de/10014023680
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
evolutionary biology and emphasize the link between gene transmission, family ties, and altruism. Next, we turn to the formation of …
Persistent link: https://www.econbiz.de/10014025503