Alger, Ingela (contributor); Weibull, Jörgen W. (contributor) - 2007
mixture of true and coerced altruism between family members. We model families as pairs of siblings. Each sibling exerts … actuarially fair formal insurance. We show that coerced family altruism reduces individual efforts in equilibrium. However …, individuals always benefit ex ante from living in families with coerced altruism, as compared with living in autarky. We show that …