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Every year, 90% of Americans give money to charities. Is such generosity necessarily welfare enhancing for the giver? We present a theoretical framework that distinguishes two types of motivation: individuals like to give, for example, due to altruism or warm glow, and individuals would rather...
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This study develops theory and conducts an experiment to provide an understanding of why people initially give to charities, why they remain committed to the cause, and what factors attenuate these influences. Using an experimental design that links donations across distinct treatments separated...
Persistent link: https://www.econbiz.de/10010580373
Psychological insights have made inroads within most areas of study in economics. One area where less advance has occurred is environmental and resource economics. In this study, we examine preference reversals over evaluation modes, in which economic values critically depend on whether a good...
Persistent link: https://www.econbiz.de/10010580374
Persistent link: https://www.econbiz.de/10010580375
Persistent link: https://www.econbiz.de/10010580376
Persistent link: https://www.econbiz.de/10010580377
We implement a public goods game and a social intervention modeled after a public goods game in rural Sierra Leone near the Gola Forest Reserve. We also collect demographic, economic and forest conservation data on households in the area. We use this data to assess the mapping of social...
Persistent link: https://www.econbiz.de/10010580378
Are individuals expected utility maximizers? This question represents much more than academic curiosity. In a normative sense, at stake are the fundamental underpinnings of the bulk of the last half-century’s models of choice under uncertainty. From a positive perspective, the ubiquitous...
Persistent link: https://www.econbiz.de/10010580379
Field experiments have grown significantly in prominence since the 1990s. In this article, we provide a summary of the major types of field experiments, explore their uses, and describe a few examples. We show how field experiments can be used for both positive and normative purposes within...
Persistent link: https://www.econbiz.de/10010580380