Do siblings free-ride in being there for parents?

成果类型:
Article
署名作者:
Maruyama, Shiko; Johar, Meliyanni
署名单位:
University of Technology Sydney
刊物名称:
QUANTITATIVE ECONOMICS
ISSN/ISSBN:
1759-7323
DOI:
10.3982/QE389
发表日期:
2017
页码:
277-316
关键词:
Public goods empirical game informal care free-riding sequential participation game first-mover advantage prisoners' dilemma
摘要:
There is a potential free-rider problem when several siblings consider future provision of care for their elderly parents. Siblings can commit to not providing long-term support by living far away. If location decisions are made by birth order, older siblings may enjoy a first-mover advantage. We study siblings' location decisions relative to their parents by estimating a sequential participation game for U.S. data. We find (i) limited strategic behavior, that is, in two-child families, more than 92% of children have a dominant strategy, and (ii) a nonnegligible public good problem, that is, in families with multiple children, 18.3% more parents would have had at least one child living nearby had location decisions been made cooperatively.
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