• Medientyp: E-Book
  • Titel: Bargaining with Altruism
  • Beteiligte: Pollak, Robert A. [VerfasserIn]
  • Körperschaft: National Bureau of Economic Research
  • Erschienen: Cambridge, Mass: National Bureau of Economic Research, September 2022
  • Erschienen in: NBER working paper series ; no. w30499
  • Umfang: 1 Online-Ressource; illustrations (black and white)
  • Sprache: Englisch
  • Schlagwörter: Altruismus ; Nichtkooperatives Spiel ; Pareto-Optimum ; Verhandlungstheorie ; Game Theory and Bargaining Theory ; Noncooperative Games ; Bargaining Theory; Matching Theory ; Household Behavior and Family Economics ; Altruism; Philanthropy; Intergenerational Transfers ; Arbeitspapier ; Graue Literatur
  • Reproduktionsnotiz: Hardcopy version available to institutional subscribers
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  • Beschreibung: Despite extensive use of bargaining models in economics and despite Becker's insistence on the importance of altruism in families, the theoretical literature on bargaining ignores altruism and assumes that everyone is an egoist. This paper shows that incorporating altruism into cooperative bargaining models shrinks the set potential cooperative bargaining solutions. The analysis depends on the implications of altruism for Pareto efficiency and the implications of Pareto efficiency for potential cooperative bargaining solutions. For noncooperative bargaining, the analysis implies that any noncooperative solution that lies outside the shrunken set of potential cooperative bargaining solutions is not Pareto efficient
  • Zugangsstatus: Freier Zugang