Non-paternalistic intergenerational altruism revisited

B-Tier
Journal: Journal of Mathematical Economics
Year: 2016
Volume: 63
Issue: C
Pages: 27-33

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we prove the existence of a stationary equilibrium in an intergenerational stochastic game with non-paternalistic altruism as defined by Ray (1987). Our approach is based on the assumption that the transition probabilities are non-atomic. The utility function of each generation has a very general form including many special cases studied in the literature.

Technical Details

RePEc Handle
repec:eee:mateco:v:63:y:2016:i:c:p:27-33
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24