Showing 1 - 10 of 114
This study examines why people initially give to charities, why they remain committed to the cause, and what factors attenuate these influences. Using an experimental design that links donations across distinct treatments separated in time, we present several results. For example, previous...
Persistent link: https://www.econbiz.de/10008542955
We conducted a natural field experiment to further our understanding of the economics of charity. Using direct mail solicitations to over 50,000 prior donors of a nonprofit organization, we tested the effectiveness of a matching grant on charitable giving. We find that the match offer increases...
Persistent link: https://www.econbiz.de/10005821674
Persistent link: https://www.econbiz.de/10004999835
This paper experimentally examines image motivation--the desire to be liked and well regarded by others--as a driver in prosocial behavior (doing good), and asks whether extrinsic monetary incentives (doing well) have a detrimental effect on prosocial behavior due to crowding out of image...
Persistent link: https://www.econbiz.de/10004999873
We present a theory of charitable fund-raising in which it is costly to solicit donors. We fully characterize the … solicitation strategy that maximizes donations net of fund-raising costs. It is optimal for the fund-raiser to target only the "net … the level of the public good, despite a (potentially) non-monotonic fund-raising strategy. This implies that costly fund-raising …
Persistent link: https://www.econbiz.de/10010633560
We conduct a social dilemma experiment in which real-world leaders can punish group members as a third party. Despite facing an identical environment, leaders are found to take remarkably different punishment approaches. The different leader types revealed experimentally explain the relative...
Persistent link: https://www.econbiz.de/10011156809
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of...
Persistent link: https://www.econbiz.de/10011129974
Using life insurance holdings by age, sex, and marital status, we infer how individuals value consumption in different demographic stages. We estimate equivalence scales and bequest motives simultaneously within a fully specified model where agents face US demographics and save and purchase life...
Persistent link: https://www.econbiz.de/10011129967
The endowment effect, the tendency to value possessions more than non-possessions, is a well known departure from rational choice and has been replicated in numerous settings. We investigate the universality of the endowment effect, its evolutionary significance, and its dependence on...
Persistent link: https://www.econbiz.de/10010815653
Using two strategies, we show that consumers underreact to taxes that are not salient. First, using a field experiment in a grocery store, we find that posting tax-inclusive price tags reduces demand by 8 percent. Second, increases in taxes included in posted prices reduce alcohol consumption...
Persistent link: https://www.econbiz.de/10008574560