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There is a heightened lack of clarity and understanding about the new U.S. business forms both in terms of theory and practice, especially with regard to relative priorities of social good (or the absence thereof), decision-making, and meaningful accountability thereto (or the lack thereof). As...
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This paper tests the effect of a matching mechanism on donations in a controlled field experiment. We match the donations of students at the University of Zurich who, each semester, have to decide whether they wish to contribute to two Social Funds. Our results support the hypothesis that a...
Persistent link: https://www.econbiz.de/10014029520
We present a theory of charitable fund-raising in which it is costly to solicit donors. We fully characterize the optimal solicitation strategy that maximizes donations net of fundraising costs. The optimal strategy dictates that the fund-raiser target only those individuals whose equilibrium...
Persistent link: https://www.econbiz.de/10013124286
Fundraisers often start their campaigns by soliciting the wealthier, more recognized and respected individuals in a community. We examine whether an explanation for such a solicitation ordering may be that people prefer to associate with those of higher social ranking than themselves. Using a...
Persistent link: https://www.econbiz.de/10012724661
Fund-raising expenditures represent an important strategic decision for nonprofit managers inthe face of scarce donor … resources. Privately, nonprofit managers weigh the trade-off between reaching new donors and increasing the implicit price of … output to its constituents. Socially, competition among nonprofit firms for donations may produce an excessive level of fund …
Persistent link: https://www.econbiz.de/10014219223
Private provision of public goods relies heavily on contributions to a wide variety of charities. But the quality of goods and services produced by charities is heterogeneous and essentially unknown to donors. To diminish the asymmetry, third-parties provide standardized information in the form...
Persistent link: https://www.econbiz.de/10013125157
Matching schemes, where a party matches the contribution of others, reduce the effective price of a good and aim to foster its demand. We review the empirical literature on the effectiveness of these schemes in the context of public goods, especially in the field of charitable giving. As...
Persistent link: https://www.econbiz.de/10011876665
Matching schemes, where a party matches the contribution of others, reduce the effective price of a good and aim to foster its demand. We review the empirical literature on the effectiveness of these schemes in the context of public goods, especially in the field of charitable giving. As...
Persistent link: https://www.econbiz.de/10011764987