Two-sided Altruism and Signaling
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This paper shows that when donors and recipients care about each other --two-sided altruism -- the presence of asymmetry of information about the donor's income leads very naturally to a signaling game. A donor who cares about the recipient's welfare has incentives to appear richer than he is when
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美国国家经济研究局创建时间：
2015-06-01
