Altruism and beyond : an economic analysis of transfers and exchanges within families and groups (Work)

Altruism and beyond : an economic analysis of transfers and exchanges within families and groups

The Resource Altruism and beyond : an economic analysis of transfers and exchanges within families and groups

Label

Altruism and beyond : an economic analysis of transfers and exchanges within families and groups

Title remainder

an economic analysis of transfers and exchanges within families and groups

Statement of responsibility

Oded Stark

Language

eng

Summary

This book employs economic methodology to study the motives for and the repercussions of transfers and exchanges within families, between generations, and within groups. The book shows how the allocative behavior and wellbeing of one family member depend on his altruistic link with another family member, how the timing of the intergenerational transfer of the family productive asset affects the recipient's incentive to engage in human capital formation, and how transfers from an adult to his parents impinge on future transfers to him from his own children. In addition, the book shows that under asymmetric information high-skill migrant workers make transfers to low-skill would-be migrants in order to lure them to stay put, and that under incomplete information a group-specific informational edge - lower recognition costs - results in a superior exchange outcome
Finally, altruism, which in the beginning of the book is assumed, is explained: the transmission to or probable acquisition by children of parental traits and the exchange between siblings are shown to result in a stable equilibrium wherein no agent behaves nonaltruistically. The book studies both altruistic and nonaltruistic motives for transfer behavior. In addition, it traces some of the market repercussions of intrafamilial, intergenerational, and intragroup transfers and exchanges

Dewey number

330

Illustrations

illustrations

Index

index present

LC call number

HB71

LC item number

.S777 1995

Literary form

non fiction

Nature of contents

bibliography

Series statement

Oscar Morgenstern memorial lectures

Context

Context of Altruism and beyond : an economic analysis of transfers and exchanges within families and groups

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Altruism and beyond : an economic analysis of transfers and exchanges within families and groups