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This study theoretically and empirically examines altruistic and joy-of-giving motivations underlying contributions to charitable activities. The theoretical analysis shows that in an economy with an infinitely large number of donors, impurely altruistic preferences lead to either asymptotically...
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We test how donors respond to new information about a charity's effectiveness. Freedom from Hunger implemented a test … that highlights two predictions. First, larger gift amounts, holding education and income constant, is a proxy for altruism …). Second, those motivated by altruism will respond positively to appeals based on evidence, whereas those motivated by warm …
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motivated only by pure altruism will work at a relatively high wage for the for-profit firm and then make charitable … sensitive to warm glow (“impure altruism”) depends on her income level. While the presence of “warm glow” feelings would seem to … clearly benefit charitable organizations, we show that impure altruism can create distortions in labor market choices. In some …
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In different treatments of an intergenerational common resource experiment, monetary payoff maximization by each generation causes either negative or positive externalities for future generations. Two behavioral types have been observed previously in single generation games: equity motivated...
Persistent link: https://www.econbiz.de/10014071337
The permanent income hypothesis states that agents perfectly smooth consumption given a large, anticipated shock to income. Testing these implications is difficult given the endogenous nature of income and payment timing. We leverage exogenous variation in military bonus size and timing matched...
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