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Purpose: This paper aims to discuss the application of waqf (endowment) in the social finance sector for funding social … institution of waqf can fill the gap as a social finance institution by providing intermediation services for effectively … utilising perpetual social savings. Flexibility in the rules of waqf enables it to serve beneficiaries directly or through …
Persistent link: https://www.econbiz.de/10012600353
third one, T3, with a charity recipient and no crowding out, which elicits both types of altruism. We use T1 to assess to … intrinsic motivations for giving: warm glow and pure altruism. In particular, we implemented a within-subject experimental … towards the experimenters, (ii) the Crumpler and Grossman (2008) design, T2, in which the recipient is a charity, and the …
Persistent link: https://www.econbiz.de/10010274632
This study designs a natural field experiment linked to a controlled laboratory experiment to examine the effectiveness of matching gifts and challenge gifts, two popular strategies used to secure a portion of the $200 billion annually given to charities. We find evidence that challenge gifts...
Persistent link: https://www.econbiz.de/10010268544
Charitable donations by private individuals and firms can help fund the Millennium Development Goals. What are the prospects for increasing donations for international development, whether from small-scale donors, the super-rich (as in the recent gifts by Bill Gates and Ted Turner), or the...
Persistent link: https://www.econbiz.de/10010279188
Much fundraising is done by individuals within existing social groups. Exploiting a unique dataset, we demonstrate (i … the notion that giving in social groups is motivated by “relational altruism”. …
Persistent link: https://www.econbiz.de/10011522452
Christmas is when people are expected to act selflessly for the well-being of others, but are people actually more altruistic at this time of the year? Responding to this question poses a challenge because of the confounding factors of charitable tax breaks, reciprocity motives, direct social...
Persistent link: https://www.econbiz.de/10011917035
Democratic capitalism has become the popular paradigm in the modern world, and it is spreading further through globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which may worsen despite overall gains in wealth. In this...
Persistent link: https://www.econbiz.de/10010271772
What differentiates American capitalism from all other forms of industrial capitalism is a historical focus on both the creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the implicit American social contract that continuously...
Persistent link: https://www.econbiz.de/10010271765
What differentiates American capitalism from all other forms of industrial capita-lism is a historical focus on both the creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the implicit American social contract that continuously...
Persistent link: https://www.econbiz.de/10010271768
Persistent link: https://www.econbiz.de/10011467401