Bracha, Anat; Menietti, Michael; Vesterlund, Lise - In: Journal of Public Economics 95 (2011) 5, pp. 416-427
The public phase of a capital campaign is typically launched with the announcement of a large seed donation. Andreoni (1998) argues that such a fundraising strategy may be particularly effective when funds are being raised for projects that have fixed production costs. The reason is that when...
