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Dying of selfishness

Author

Listed:
  • Bruno Decreuse

    (GREQAM, UniversitÊ de la MÊditerranÊe, 2, rue de la CharitÊ, 13002 Marseille, FRANCE)

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.

Suggested Citation

  • Bruno Decreuse, 2001. "Dying of selfishness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 17(2), pages 481-488.
    • Handle: RePEc:spr:joecth:v:17:y:2001:i:2:p:481-488
    Note: Received: March 25, 1999; revised version: May 3, 2000
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    Citations

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    Cited by:

    1. Emmanuel Thibault & Bruno Decreuse, 2001. "Labor productivity and dynamic efficiency," Economics Bulletin, AccessEcon, vol. 4(13), pages 1-6.
    2. Richard Barnett & Joydeep Bhattacharya & Helle Bunzel, 2013. "Deviant generations, Ricardian equivalence, and growth cycles," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 367-396, January.

    More about this item

    Keywords

    Perpetual youth model; Imperfect altruism.;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

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