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Inspired by Karl Polanyi’s writings on three allocation modes, namely reciprocity, exchange and redistribution, we … the notion of symmetry among the players increased efficiency levels significantly. We then simulated a market exchange …
Persistent link: https://www.econbiz.de/10005465217
's dimension which is represented by the exchange of goods and services in question. …
Persistent link: https://www.econbiz.de/10009370724
- economic, social and spiritual. Caritas in Veritate, as every encyclical is a letter, an invitation to exchange. The comments …
Persistent link: https://www.econbiz.de/10010547022
The approval of NASDAQ'S SuperMontage was described as a challenge for the regulators. SuperMontage raises issues in relation to market structure, fragmentation and competition.
Persistent link: https://www.econbiz.de/10005836477
transfers from parents to children are gifts, and not temporary help to overcome liquidity constraints. Second, inter vivos … gifts are compensatory in the sense that life-time poorer children will receive higher transfers than their life-time richer … siblings. Third, inter vivos gifts do not, however, make up the entire difference in life-time incomes. …
Persistent link: https://www.econbiz.de/10010325497
transfers from parents to children are gifts, and not temporary help to overcome liquidity constraints. Second, inter vivos … gifts are compensatory in the sense that life-time poorer children will receive higher transfers than their life-time richer … siblings. Third, inter vivos gifts do not, however, make up the entire difference in life-time incomes. …
Persistent link: https://www.econbiz.de/10011372976
the existence of altruism and exchange motives in inter vivos transfers received by the Malaysian Muslim respondents. This … assets for the purpose of estate planning. We find exchange motive is more applicable among respondents and physical assets …
Persistent link: https://www.econbiz.de/10011209947
that inter vivos transfers from parents to children are gifts, and not temporary help to overcome liquidity constraints …. Second, inter vivos gifts are compensatory in the sense that life-time poorer children will receive higher transfers than … their life-time richer siblings. Third, inter vivos gifts do not, however, make up the entire difference in life …
Persistent link: https://www.econbiz.de/10011255669
altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data … households, the idea of risk sharing is central, whereas in richer households, individual interest (exchange hypothesis) is more …
Persistent link: https://www.econbiz.de/10005379184
We find a high prevalence of Europeans giving equal financial transfers to their adult children, regardless of siblings’ income differences. This behaviour is sharply different from previously documented for American counterparts and it is not predicted by any conventional model on family...
Persistent link: https://www.econbiz.de/10005200719