Two-sided altruism and time inconsistency

2019 ◽  
Vol 23 (4) ◽  
Author(s):  
Takaaki Aoki ◽  
Kazuo Nishimura ◽  
Makoto Yano

Abstract In this study, we examine dynamic allocation of resources and consumption over an infinite time horizon in an overlapping-generations model with two-sided altruism. Each generation cares not only about its own consumption and the utility of its successor, but also about the utility of its parental generation. The consumption decisions of different generations could display time-inconsistency in a model of two-sided altruism. Consequently, the outcome solutions could differ depending on whether members of the current generation are naïve and falsely believe that the future generation will comply with their, or are sophisticated and know exactly how the future generation will choose to behave. We assume that the young generation is naïve and behaves as a central planner in allocating capital resources. The capital stocks inherited by each generation from the parental generation are actually realized and used in the joint production of capital stocks and consumption goods. We refer to a sequence of such capital stocks as a two-sided altruistic path. This study examines a more general production function than earlier models of two-sided altruism, and our results prove that any two-sided altruistic path will eventually converge to the two-sided altruistic stationary path.

Author(s):  
Feruza Kobilova ◽  

This article examines the evolution of the formation and development of the art of scenography of puppet theaters in Uzbekistan, the factors of their development during the period of Independence on the example of the National Puppet Theater of Uzbekistan. In shaping the worldview of the young generation, which is the future of our country, modern puppet theater plays a leading role in educating them towards spiritual maturity. Today, a lot of attention is paid to this field of art, and a number of decisions are made for the development of the industry. The main idea of the independence of our country is to help the future generation to grow up spiritually mature, patriotic and educated with all our might. Puppet theater directing, dramaturgy, acting skills, and especially scenography are important with their unique solutions. The reason is that the development trends of modern puppet theater directing and scenography are considered on the basis of three periods, firstly, critical thinking, secondly, religious and mythological themes in the national spirit, and thirdly, analysis of contemporary works.


2009 ◽  
Vol 10 (2) ◽  
pp. 85-94
Author(s):  
I G. A. K. Wardani

Facing the rapid changing world, concern on the future of the nation is increasing. This is due to the fact that a lot of practices in schools, families, as welf as in society do not conform with the etical conduct, moral, and good manner that are universially accepted by human being. Therefore, all people who concern on the future of the nation, especially educators, should aware of the importance of character education, in order to save the future generation from moral degradation. Related to the problem, this aims at trigerring the awareness of educator to the importance of character education, by discussing the conceptual meanings ( what, why, and how) of character education, then followed by the possibility for implementation, and ended with the implication on education and teacher education.


Author(s):  
R Possa ◽  
P Khotso

The indigenous knowledge of the Basotho makes it simple for this speech community to name their traditional medicinal plants in such a way that they are meaningful; this could also be viewed as an empowerment technique, especially in the economic sphere. Their medicinal plants names seem to be idiomatic and to express certain philosophies of the Basotho society. Creativity is observable in this kind of naming, and many names allude to the kind of remedy that is associated with the medicinal plant. It is therefore the interest of this paper to consider the names of medical plants among the Basotho whose names allude to the remedy they provide. The names of Sesotho medicinal plants and the reasoning of the Basotho in general behind the name and the use of each medicinal plant will be discussed in this article. This paper will further preserve and promote the use of Basotho traditional medicines for the future generation.


2021 ◽  
Author(s):  
Kathrine Rallis ◽  
Anna Maria Wozniak ◽  
Sara Hui ◽  
Marios Nicolaides ◽  
Neha Shah ◽  
...  

2019 ◽  
Vol 43 (1) ◽  
pp. 206-215
Author(s):  
Gillian Hallam

AbstractThe strength and vibrancy of the Australian library sector is explored in this article. The concepts of developing, i.e. growing and maturing as an industry, and sustaining, i.e. supporting and maintaining the quality of library services, thread through the discussions about the events and activities that have shaped the library profession, library advocacy initiatives and the future generation of librarians.


Sign in / Sign up

Export Citation Format

Share Document