Titre
Happiness Functions with Preference Interdependence and Heterogeneity: The Case of Altruism within the Family
Type
article
Institution
Externe
Périodique
Auteur(s)
Bruhin, A.
Auteure/Auteur
Winkelmann, R.
Auteure/Auteur
Liens vers les personnes
ISSN
0933-1433
Statut éditorial
Publié
Date de publication
2009-10
Volume
22
Numéro
4
Première page
1063
Dernière page/numéro d’article
1080
Peer-reviewed
Oui
Langue
anglais
Résumé
This study investigates the prevalence and extent of altruism by examining the relationship between parents' and their adult children's subjective well-being in a data set extracted from the German Socio-Economic Panel. To segregate the share of parents with altruistic preferences from those who are selfish, we estimate a finite mixture regression model. We control for various sources of potential bias by taking advantage of the data's panel structure. To validate our modeling approach, we show that predicted altruists indeed make higher average transfer payments.
PID Serval
serval:BIB_A5A9A223F331
Date de création
2012-09-10T09:08:31.886Z
Date de création dans IRIS
2025-05-20T21:46:18Z