Non‐paternalistic Altruism and Utility Interdependence

Hajime Hori

The Japanese Economic Review, 2001, vol. 52, issue 2, 137-155

Abstract: This paper clarifies the notion of non‐paternalistic altruism through the use of utility aggregators. It presents conditions for the existence of non‐paternalistically altruistic utility functions and provides a complete characterization of such utility functions. The results are used to generalize the Second Theorem of Welfare Economics and to prove the existence of an equilibrium in a game of voluntary gift‐giving. JEL Classification Nos.: D11, D64.

Date: 2001
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