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We estimate the effect of an increase in time cost on the return behavior of blood donors. Using data from the Australia Red Cross Blood Service, we ask what happens when pro-social behavior becomes more costly. Exploiting a natural variation in which donor wait times are random, we use the...
Persistent link: https://www.econbiz.de/10013046242
's common restrictions on the curvature of the decision-makers utility function can dramatically bias the altruism parameter. We … show that this is particularly problematic when comparing altruism between groups with well-documented differences in risk …
Persistent link: https://www.econbiz.de/10012912251