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Persistent link: https://www.econbiz.de/10005306558
We develop a simple model of generous behavior. It is based on the premise that some people are generous, but everyone wants to appear generous--especially in the eyes of other generous people. Although non-monetary donations are always inefficient, they frequently occur in equilibrium because...
Persistent link: https://www.econbiz.de/10009249674
We develop a simple model of generous behavior. It is based on the premise that some people are generous, but everyone wants to appear generous—especially in the eyes of other generous people. Although non-monetary donations are always inefficient, they frequently occur in equilibrium because...
Persistent link: https://www.econbiz.de/10011056145
Persistent link: https://www.econbiz.de/10005389213