Arbeitspapier
The fetters of the sib: Weber meets Darwin
We analyze the effects of family ties on the incentives for productive effort. A family is modelled as a pair of altruistic siblings. Each sibling exerts effort to produce output under uncertainty and siblings may transfer output to each other. We show that altruism has a non-monotonic effect on effort. We study how this effect depends on climate, the magnitude and volatility of returns to effort. We also analyze the evolutionary robustness of family ties and how this robustness depends on climate. We find that family ties will be stronger in milder climates than in harsher climates.
- Language
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Englisch
- Bibliographic citation
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Series: SSE/EFI Working Paper Series in Economics and Finance ; No. 682
- Classification
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Wirtschaft
Institutions: Design, Formation, Operations, and Impact
Household Production and Intrahousehold Allocation
- Subject
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altruism
family ties
moral hazard
evolutionary robustness
Familienökonomik
Soziales Verhalten
Altruismus
Moral Hazard
Leistungsanreiz
Leistungsmotivation
Theorie
- Event
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Geistige Schöpfung
- (who)
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Alger, Ingela
Weibull, Jörgen W.
- Event
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Veröffentlichung
- (who)
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Stockholm School of Economics, The Economic Research Institute (EFI)
- (where)
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Stockholm
- (when)
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2007
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Alger, Ingela
- Weibull, Jörgen W.
- Stockholm School of Economics, The Economic Research Institute (EFI)
Time of origin
- 2007