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In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on charitable giving. We … and the lottery. Although the all-pay auction is the superior fundraising mechanism both in theory and in the laboratory …, it raised the lowest revenue per household in the field. Our experiment reveals two potential explanations for this …
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Economic theories of managing renewable resources, such as fisheries and forestry, traditionally assume that individual …
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In this paper we analyze a large sample of individual responses to six lottery questions. Wederive a simultaneous estimate of risk aversion ? and the time preference discount rate ? perindividual. This can be done because the consumption of a large prize is smoothed over a largertime period. It...
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agency theory. …
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We compare a partners condition where the same small group of subjects plays arepeated public good game to astrangers condition where subjects play this game in changing group formations.Subjects in the partners conditioncontribute from the first period on significantly more to the public good...
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experiment shows there is a workable alternative todeception. …
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