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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 …
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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...
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