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

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

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Bibliographic Details
Author / Creator:	Stark, Oded.
Imprint:	Cambridge ; New York : Cambridge University Press, 1995.
Description:	1 online resource (x, 142 pages) : illustrations
Language:	English
Series:	Oscar Morgenstern memorial lectures Oscar Morgenstern memorial lectures.
Subject:	Economics -- Methodology. Families -- Economic aspects. Exchange. Altruism. Altruism. Economics -- Methodology. Exchange. Families -- Economic aspects. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11117195

Hidden Bibliographic Details
ISBN:	051101094X 9780511010941 0511116160 9780511116162 9780511493607 0511493606 9786610151868 6610151865 0521663733 9780521663731 9780521474191 0521474191
Digital file characteristics:	data file
Notes:	Includes bibliographical references and index. Print version record.
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.
Other form:	Print version: Stark, Oded. Altruism and beyond. Cambridge ; New York : Cambridge University Press, 1995 0521474191

Description
Summary:	How do altruistic links affect allocative behavior and wellbeing? Can the processes of transmission and probable acquisition of parental traits result in a stable equilibrium where all agents are altruists? Why do children furnish their parents with attention and care? Does the timing of the intergenerational transfer of the family's productive asset affect the recipient's incentive to acquire human capital? Why do migrants remit? Altruism and Beyond provides answers to these and related questions. In addition, it traces some of the market repercussions of the intrafamilial, intergenerational, and intragroup transfers and exchanges that it models.
Physical Description:	1 online resource (x, 142 pages) : illustrations
Bibliography:	Includes bibliographical references and index.
ISBN:	051101094X 9780511010941 0511116160 9780511116162 9780511493607 0511493606 9786610151868 6610151865 0521663733 9780521663731 9780521474191 0521474191