I explain why many charities, especially religious ones, spend significantly to improve poor community members’ living standards. Conventional theoretical philanthropy models with altruism or impure altruism/warm glow cannot explain poverty-alleviating private transfers in the type and size of...

Many charities, especially religious ones, spend significantly to improve poor community members' living standards. Conventional theoretical philanthropy models with altruism or impure altruism/warm glow cannot explain poverty-alleviating private transfers in the type and size of communities...

Clubs are typically experience goods. Potential members cannot ascertain precisely beforehand their quality (dependent endogenously on the club's facility investment and number of users, itself dependent on its pricing policy). Members with unsatisfactory initial experiences discontinue visits....