Skip to main content

Non-Stationary Intergenerational Altruism

  • Chapter
Economic Theory, Dynamics and Markets

Part of the book series: Research Monographs in Japan-U.S. Business & Economics ((JUSB,volume 5))

Abstract

Many intergenerational economic issues, such as educational expenditures for children, bequests, old age pensions, care of the aged, ecological conservation, etc., can be fruitfully analyzed using the framework of intergenerational altruism. This paper is concerned with a special type of intergenerational altruism, namely non-paternalistic intergenerational altruism, which is an agent’s regard for ancestors and/or descendants such that the agent is better off if the ancestors and/or descendants are better off according to their own tastes.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Barro, R.J. (1974), “Are Government Bonds Net Wealth?”, Journal of Political Economy, 81, 1095–1117.

    Article  Google Scholar 

  2. Bergstrom, T.C. [1999], “Systems of Benevolent Utility Functions”, Journal of Public Economic Theory, 1, 71–100.

    Article  Google Scholar 

  3. Hori, H. [1992], “Utility Functionals with Nonpaternalistic Intergenerational Altruism: The Case Where Altruism Extends to Many Generations”, Journal of Economic Theory, 56, 451–467.

    Article  Google Scholar 

  4. Hori, H. and S. Kanaya [1989], “Utility Functionals with Non-paternalistic Intergenerational Altruism”, Journal of Economic Theory, 49, 241–265.

    Article  Google Scholar 

  5. Kimball, M.S. [1987], “Making Sense of Two-sided Altruism”, Journal of Monetary Economics, 20, 301–326.

    Article  Google Scholar 

  6. Ray, D. [1987], “Nonpaternalistic Intergenerational Altruism”, Journal of Economic Theory, 41, 112–132.

    Article  Google Scholar 

  7. Taylor, A.E. [1958], Introduction to Functional Analysis, Wiley, New York.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2001 Springer Science+Business Media New York

About this chapter

Cite this chapter

Hori, H. (2001). Non-Stationary Intergenerational Altruism. In: Negishi, T., Ramachandran, R.V., Mino, K. (eds) Economic Theory, Dynamics and Markets. Research Monographs in Japan-U.S. Business & Economics, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1677-4_9

Download citation

  • DOI: https://doi.org/10.1007/978-1-4615-1677-4_9

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-5673-8

  • Online ISBN: 978-1-4615-1677-4

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics