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Altruism and beyond [electronic resource] : an economic analysis of transfers and exchanges within families and groups / Oded Stark.

By: Stark, Oded.
Material type: TextTextSeries: Oscar Morgenstern memorial lectures: Publisher: Cambridge ; New York : Cambridge University Press, 1995Description: 1 online resource (x, 142 p.) : ill.ISBN: 051101094X (electronic bk.); 9780511010941 (electronic bk.); 0511116160 (electronic bk.); 9780511116162 (electronic bk.); 9780511493607 (electronic bk.); 0511493606 (electronic bk.).Subject(s): Economics -- Methodology | Families -- Economic aspects | Exchange | Altruism | BUSINESS & ECONOMICS -- Economics -- General | BUSINESS & ECONOMICS -- Reference | Gezin | Leeftijdsgroepen | Vermogensoverdrachten | Altru�isme | Economische aspecten | Famille -- Aspect �economique -- Mod�eles math�ematiques | Parents et enfants -- Aspect �economique -- Mod�eles math�ematiques | Relations entre g�en�erations -- Aspect �economique -- Mod�eles math�ematiques | Altruisme -- Aspect �economique | �Echange, Th�eorie de l' (�Economie politique) | Affectation des ressources -- Mod�eles math�ematiques | Familie | Wirtschaft | Altruismus | Wirtschaftstheorie | Famille -- Aspect �economique | �Echange | �Economie politique -- M�ethodologie | Micro�economie | Successions et h�eritages -- Aspect �economique | Altruisme | Relations entre g�en�erations -- Aspect �economique | Comportement d'aide | Envois de fonds | Altru�isme | Economische aspecten | Gezin | Leeftijdsgroepen | Vermogensoverdrachten | Economics EthicsGenre/Form: Electronic books.Additional physical formats: Print version:: Altruism and beyond.DDC classification: 330 Other classification: 83.05 | MR 6600 | QC 010 | QW 000 Online resources: EBSCOhost 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.Summary: 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.
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Includes bibliographical references and index.

Description based on print version record.

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.

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Other editions of this work

Altruism and beyond by Stark, Oded. ©1995
Altruism and beyond by Stark, Oded. ©1995
Altruism and beyond by Stark, Oded. ©1995
Altruism and beyond by Stark, Oded. ©1995
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