In all economies, but particularly in less developed countries, a considerable proportion of resource transfers takes place outside the realm of the marketplace: inside families, within households, and among members of kin group or caste.
An edition of Altruism and Beyond
(1995)
Altruism and Beyond
An Economic Analysis of Transfers and Exchanges within Families and Groups (Oscar Morgenstern Memorial Lectures)
New Ed edition
by Oded Stark
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"In all economies, but particularly in less developed countries, a considerable proportion of resource transfers takes place outside the realm of the marketplace: inside families, within households, and among members of kin group or caste."
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