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Dan Hamermesh, on Freakonomics, tackles a very interesting issue: competition between kids, grandkids and so on, for parental bequests. I don’t have such a parental dilemma as yet, but my parents do, I guess :-).
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Relative social status seems to dominate relative material status: the neuroscience evidence. Of course I knew that all the time :-).
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How Economics can turn bleeding hearts into capitalists (and mutatis mutandis, for most of the other social sciences :-)). Here’s the perspective on the study, by Ray Fisman, in Forbes and here’s a first draft of Fisman, Kariv and Markovits (2008).
