Dying of selfishness |
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| Authors: | Bruno Decreuse |
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| Affiliation: | (1) GREQAM, Université de la Méditerranée, 2, rue de la Charité, 13002 Marseille, FRANCE (e-mail: decreuse@ehess.cnrs-mrs.fr) , FR |
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| Abstract: | Summary. 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. Received: March 25, 1999; revised version: May 3, 2000 |
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| Keywords: | and Phrases: Perpetual youth model Imperfect altruism. |
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