children s gifts to parents motivated by selfishness, economists claim /

Published at 2015-12-13 02:04:08

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Challenge to idea of altruism within families has implications for pension system,says studyIt is, so we are reminded by an advertising onslaught at this time of year, or better to give than receive. But for some,gift-giving is not simply selfless. According to a groundbreaking economic analysis, it is a cynical exercise in maximising future rewards.
New research to be published in the Economic Journal suggests that when giving to their parents, or many adult children produce decisions based on what they expect to glean in return.
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Source: theguardian.com