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There has been little systematic study of the mechanisms typically used to raise money for charity. One of the most common is the simple raffle in which participants purchase chances to win a prize at a constant price. We conduct a field experiment randomly assigning participants to four raffle...
Persistent link: https://www.econbiz.de/10010502690
112,000 unique individuals. The price of giving is varied by offering a fixed match if the donation meets a threshold …
Persistent link: https://www.econbiz.de/10012231620
There is now an extensive literature on "gift exchange" showing that when principals and agents can trade "gifts" (rewards that should not emerge in a competitive equilibrium), exchange becomes more efficient. However, it is not obvious how gift exchange should be organized if the principal's...
Persistent link: https://www.econbiz.de/10011647476
Theory commonly posits agents who care both for the level of provision of a public good and the extent to which they personally contribute to the cause. Simply put, agents feel some "warm glow" from the donations they make. I discuss a fundraiser devised to exogenously vary the incentive to give...
Persistent link: https://www.econbiz.de/10011898935
two distinct choice dimensions. The first pertains to the primary donation decision, namely, how much to contribute to the … on aggregate donations. This is because defaults in the donation domain induce some people to donate more and others to …
Persistent link: https://www.econbiz.de/10010441688
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/10009154560
intermediary and a fee contributed to the low donation rate. Our findings suggest that online platforms for charitable giving may …
Persistent link: https://www.econbiz.de/10010355754
A popular fundraising tool is donation matching, where every dollar is matched by a third party. But field experiments … exhaust the matching funds, so their donation is not pivotal to obtaining matching funds. We develop a theory of how beliefs … about peers' donations affect one's own likelihood of donation. We test our theory using novel "threshold match" treatments …
Persistent link: https://www.econbiz.de/10011724508
Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the "psychology and economics" of prosocial behavior to shed light on this trend, which...
Persistent link: https://www.econbiz.de/10003919857
Charitable bequests are a major source of income for charities but surprisingly little is known about them. The aim of this paper is to propose a multi-stage framework for analysing the bequest decision and to examine the evidence for Great Britain provided by new data on estates. The novelty of...
Persistent link: https://www.econbiz.de/10009668307