Specification of the Joy of Giving: Insights from Altruism
分析了遗赠动机中的“馈赠之乐”，即遗赠带来的效用仅取决于遗赠规模。通过将利他遗赠动机简化为这种形式，推导出利他参数与馈赠之乐参数的关系，并基于利他参数的合理范围，得出馈赠之乐参数可能远大于现有文献假设的结论。
This paper analyzes the joy of giving bequest motive in which the utility obtained from leaving a bequest depends only on the size of the bequest. It exploits the fact that this formulation can be interpreted as a reduced form of an altruistic bequest motive to derive a relation between the value of the altruism parameter and the value of the joy of giving parameter. Using previous discussions of an a priori range of plausible values for the altruism parameter we then derive plausible restrictions on the joy of giving parameter. We demonstrate that this parameter may well be orders of magnitude larger than assumed in the existing literature.