Publisher Summary This chapter provides an overview of the theories of the family, and
discusses the household technology and utility possibility frontiers, decision-making in the …

Standard homo economicus lives in a world of complete markets and maximizes utility which
is a function of his personal consumption. This approximation cannot account for parents …

Objectives. This research assessed how parents' transfers of sentiment, time, and financial
assets to their adolescent/young adult children affect the children's propensity in middle age …

T HE SYMPATHIES and affections of most people are entangled in a web of family
relationships. To economists, who are accustomed to modeling society as a set of …

The recent explosion in population ageing across the globe represents one of the most
remarkable demographic changes in human history. Population ageing will profoundly affect …

Most models of family transfers consider only two generations and focus on two motives:
altruism and exchange. They also assume perfect substitution between inter vivos financial …

This paper estimates the correlation between the generosity of parents and the generosity of
their adult children using regression models of adult children's charitable giving. New …

Gendered values, norms and preferences shape the intrinsic motivation to provide care for
others. This article situates an analysis of this motivation within the broader literature on …

Why are economists convinced that Homo economicus is selfish? No doubt we find
considerable support for this hypothesis in the behavior of our colleagues. Beyond this, a …

In this paper we review the current state of literature on the determinants of remittances
since it is important to understand remittance flows from a policy perspective since they …