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We present a model in which there is potentially conflict within households about resource allocations. These conflicts are unlikely to be perfectly bargained out and hence there is some residual inefficiency associated with conflict which ought to increase with household size. We also show that...
Persistent link: https://www.econbiz.de/10010721007
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10005479124
We present a model in which there is potentially conflict within households about resource allocations. These conflicts are unlikely to be perfectly bargained out and hence there is some residual inefficiency associated with conflict which ought to increase with household size. We also show that...
Persistent link: https://www.econbiz.de/10005436003
Altruism, understood as the individual disposition to sacrifice personal income to improve someone else’s income can be …. We also evaluate the violation of consistency of the axioms and estimate the demand functions for altruism towards this … experimental data suggests that revealing the identity of the donor can decrease altruism and induce more violations of the axioms …
Persistent link: https://www.econbiz.de/10014200721
diametrically opposed to each other — such as in the prisoner’s dilemma. In games with more than two players, rational altruism can …
Persistent link: https://www.econbiz.de/10014105126
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010370317
In the dictator game, the recipient's opportunity to send a message to the dictator increases giving. This paperreports two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value recipients attach to communication opportunities (experiment...
Persistent link: https://www.econbiz.de/10010361495
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010252137
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010252667
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10011514081