Arbeitspapier
Thankworthy parental altruism and children's habit-formation
We propose a model of parental altruism in relation with child habit formation, where children are unaware of their developing habits while young, and become cognizant of them only on growing up. We show that an altruistic mother (i) maintains the amount of income transferred to her child lower than the child would desire and (ii) reduces further income transfer upon an exogenous increase in the child's performance of a particular habit. The child, when grown, may end up grateful for the small income transfer if the mother is sufficiently rich and altruistic: when evaluated by the realized habitual preferences, a small income transfer leads to greater child welfare than the greater income transfer preferred by the child would have generated. This implies that parents from richer families, ceteris paribus, tend to guard against their children's profligacy.
- Sprache
-
Englisch
- Erschienen in
-
Series: ISER Discussion Paper ; No. 890
- Klassifikation
-
Wirtschaft
- Thema
-
habit formation
parental altruism
thankworthy
time preference
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Zhang, Lin
Ikeda, Shinsuke
- Ereignis
-
Veröffentlichung
- (wer)
-
Osaka University, Institute of Social and Economic Research (ISER)
- (wo)
-
Osaka
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Zhang, Lin
- Ikeda, Shinsuke
- Osaka University, Institute of Social and Economic Research (ISER)
Entstanden
- 2013
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