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Download Handbook of the Economics of Giving, Altruism and by Serge-Christophe Kolm, Jean Mercier Ythier PDF

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By Serge-Christophe Kolm, Jean Mercier Ythier

The guide at the Economics of Giving, Reciprocity and Altruism offers a accomplished set of reports of literature at the economics of nonmarket voluntary transfers. the rules of the sector are reviewed first, with a chain of chapters that current the difficult center of the theoretical and empirical analyses of giving, reciprocity and altruism in economics, interpreting their kinfolk with the viewpoints of ethical philosophy, psychology, sociobiology, sociology and monetary anthropology. Secondly, a accomplished set of functions are thought of of the entire elements of society the place nonmarket voluntary transfers are major: relations and intergenerational transfers; charity and charitable associations; the nonprofit economic system; interpersonal family members within the place of work; the Welfare country; and foreign relief.

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Extra resources for Handbook of the Economics of Giving, Altruism and Reciprocity, Volume 1: Foundations

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C. Kolm 9. 1. Overview Altruism, giving, and reciprocity have an overwhelming importance in society, its economy, and the allocation of resources. They permit their existence, performance, and quality in various ways. Not only do they rule the life and the economy of families and the sector of charity, and capital accumulation through gifts to children, but they are a main factor of political life and of the role of the public sector and public finance through the effects of conceptions of justice and of the common good in addition to joint giving.

The problems that this attitude leads one to pose have been a major impetus for the development of public economics and normative economics. 4. 1. Social situation Private giving outside of the family has a notable importance. For instance, we noted that it takes up about 5% of GNP in the USA. It displays a large variety of forms: it is to 40 This view of Jean-Jacques Rousseau is still nowadays commonly proposed by his Swiss compatriots for praising their system of referendums. -C. Kolm people in need or as support of various specific causes that benefit many people, direct or through various organizations, in money, in kind, or in giving the labour, effort, or body parts of the human person.

Taxes are generally not lump-sum (with the resulting disincentive effects and the waste of the “burden of taxation” which jeopardizes Pareto efficiency). Private donations can be deductible from taxes (the part so recovered can be considered as belonging to the public transfer) or matched by public subsidies. Taxes for aid can be singled out or public aid can be financed out of general taxation. All these issues are the object of specific analyses. 8. 1. An overview A gift or favour motivated by another gift, for instance the return gift of an initial gift, constitutes the very important social relation of reciprocity.

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