Paskalev, Zdravko; Yildirim, Huseyin - 2014
this practice, we propose a principal-agent model in which the charity optimally offers a higher commission to a more … “efficient” solicitor, raising the price of giving significantly. Outsourcing is, therefore, profitable for the charity only if … the charity if: (1) donors are unaware; (2) donors have intense “warm-glow” preferences; or (3) the charity worries mostly …
