作者:DELONG, JB; SHLEIFER, A; SUMMERS, LH; WALDMANN, RJ
作者单位:National Bureau of Economic Research; University of Chicago; European University Institute
作者:RIZZO, JA; ZECKHAUSER, RJ
作者单位:Harvard University
作者:GYOURKO, J; TRACY, J
作者单位:National Bureau of Economic Research; Yale University
作者:ANDREONI, J
摘要:Models of giving have often been based on altruism. Examples include charity and intergenerational transfers. The literatures on both subjects have centered around neutrality hypotheses: charity is subject to complete crowding out, while intergenerational transfers are subject to Ricardian equivalence. This paper formally develops a model of giving in which altruism is not pure. In particular, people are assumed to get a warm glow from giving. Contrary to the previous literature, this model ge...