Dying of selfishness
Bruno Decreuse
Economic Theory, 2001, vol. 17, issue 2, 488 pages
Abstract:
In this paper, we provide an altruistic interpretation to the Blanchard (1985) perpetual youth model and examine under which conditions such interpretation holds. Unlike the standard model, the modified model essentially requires no insurance and a bequest nonnegativity constraint.
Keywords: Perpetual youth model; Imperfect altruism. (search for similar items in EconPapers)
JEL-codes: B41 D64 (search for similar items in EconPapers)
Date: 2000-11-14
Note: Received: March 25, 1999; revised version: May 3, 2000
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Citations: View citations in EconPapers (2)
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