GUTTMAN, Joel M. - In: Annales d'Economie et de Statistique (2001) 63-64, pp. 89-110
This paper studies the evolution of self-enforcing reciprocity norms in a developing economy with weak property rights. In the model, children are viewed as investments in old-age support. In order to increase support in their old age, parents attempt to instill preferences for reciprocity in...