ABSTRACT
Most people care about other people, to varying degrees. In more economistic terms, people often value the welfare of others, even when this might lower their own consumption. Large transfers of money and time that take place within the family, the community, and the state are particularly important for the welfare of dependents – children, the elderly, the sick, and the disabled. The quantity and quality of these transfers is shaped, in part, by individual and cultural negotiation.
