. Contract information is now accessible not only to current and prospective donors, but also to rival nonprofit organizations … competing for donations in the fundraising market. Our aim is to investigate the impact of publicly available contract … information on fundraising competition of nonprofit organizations. We argue that, although such provision makes contract …

Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the …

display no difference in rationality from population averages and there is evidence of altruism among participants. We provide …

. In the model agents receive heterogeneous utility from pure and impure altruism (Andreoni 1989) that permits warm glow to … vary between monetary donations and volunteering, thus allowing preferences for impure altruism to rationalize inefficient … allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a …