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Matched Fundraising: Evidence from a Natural Field Experiment

Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2010

We present evidence from a natural field experiment designed to shed light on the efficacy of fundraising schemes in which donations are matched by a lead donor. In conjunction with the Bavarian State Opera House, we mailed 14,000 regular opera attendees a letter describing a charitable...

Persistent link: https://www.econbiz.de/10008680761

Comparing Charitable Fundraising Schemes: Evidence from a Natural Field Experiment and a Structural Model

Huck, Steffen; Rasul, Imran; Shephard, Andrew - C.E.P.R. Discussion Papers - 2013

We present evidence from a natural field experiment and structural model designed to shed light on the efficacy of alternative fundraising schemes. In conjunction with the Bavarian State Opera, we mailed 25,000 opera attendees a letter describing a charitable fundraising project organized by the...

Persistent link: https://www.econbiz.de/10011084280

Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment

Adena, Maja; Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2014

When asking for donations, charitable organizations often suggest a potential amount to contribute. However, the evidence concerning the effects of such suggestions is scarce and inconsistent. Unlike the majority of earlier studies concerned with small-money solicitations, we examine the effect...

Persistent link: https://www.econbiz.de/10011084485

Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

Persistent link: https://www.econbiz.de/10005789082

Facilitating Consumer Learning in Insurance Markets—What Are the Welfare Effects?

Lagerlöf, Johan N. M.; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2013

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

Persistent link: https://www.econbiz.de/10011083449

Monopoly Insurance with Endogenous Information

Lagerlöf, Johan N. M.; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2013

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

Persistent link: https://www.econbiz.de/10011084544

Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading

Acemoglu, Daron; Simsek, Alp - C.E.P.R. Discussion Papers - 2010

insurance and preferences are nonseparable. This result appears to support the conclusion of the above mentioned folk theorem …

Persistent link: https://www.econbiz.de/10008468520

Efficient Wage Dispersion

Acemoglu, Daron; Shimer, Robert - C.E.P.R. Discussion Papers - 1997

, equilibrium wage dispersion is necessary for the economy to approximate efficiency. Without wage dispersion, workers do not search …

Persistent link: https://www.econbiz.de/10005124074

Inefficient Redistribution

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 1999

There are many well developed theories which explain why governments redistribute income. There are very few theories, however, which can explain why this redistribution often takes an inefficient form. In this paper we develop a theory of why redistribution is made inefficiently. Inefficient...

Persistent link: https://www.econbiz.de/10005067380

Efficiency-Enhancing Signalling in the Samaritan's Dilemma

Lagerlöf, Johan N. M. - C.E.P.R. Discussion Papers - 2003

Suppose an altruistic person - A - is willing to transfer resources to a second person - B - if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents’ point of view. This is the Samaritan’s dilemma. The logic of the dilemma has been...

Persistent link: https://www.econbiz.de/10005497793