EconPapers    
Economics at your fingertips  
 

Inheritance, Equal Division and Rent Seeking

Roger Faith and Robert Tollison
Additional contact information
Roger Faith: W. P. Carey School of Business Department of Economics, http://wpcarey.asu.edu/Directory/stafffaculty.cfm?cobid=1039646

Working Papers from Department of Economics, W. P. Carey School of Business, Arizona State University

Abstract: We examine bequest-sharing rules where wasteful competition for bequests is possible by children. We show that equal division minimizes rent-seeking expenditures by siblings. Finally, we employ a theory of rational social norms in order to discuss the evolution of bequest norms in the Middle Ages from primogeniture to partible inheritances in some parts of Western Europe.

References: Add references at CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://wpcarey.asu.edu/tools/mytools/pubs_admin/FILES/inheritance.pdf
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://wpcarey.asu.edu/tools/mytools/pubs_admin/FILES/inheritance.pdf [301 Moved Permanently]--> https://wpcarey.asu.edu/tools/mytools/pubs_admin/FILES/inheritance.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asu:wpaper:2133341

Access Statistics for this paper

More papers in Working Papers from Department of Economics, W. P. Carey School of Business, Arizona State University Contact information at EDIRC.
Bibliographic data for series maintained by Steve Salik ().

 
Page updated 2018-08-15
Handle: RePEc:asu:wpaper:2133341