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Chapter 21 - The Theory of Consumer Choice
In-Kind Transfers
The process of giving people goods rather than cash is pervasive
throughout the world, as this web site from the World Bank
illustrates.
Learn how in-kind transfers may have repercussions within a family,
as well as the basic idea of the "Rotten Kid Theorem" at this
conference
site. Economists often argue that the benefits of cash transfers
over in-kind transfers are obvious, but they may be operating
under false premises, according to the article "Beware
of Economists Bearing Advice"
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