In a competitive-equilibrium analysis of giving to charity, we show that strategic complementarity between individual giving and aggregate giving can lead to multiple equilibria. This provides a possible explanation for observed heterogeneity in giving. It is possible, but not necessary, that at...

Why do some households manage better than others in overcoming the impact of an adult death? The household's ability to cope is a function of the resources it can command, including its access to private networks for social insurance and credit. Public intervention can reduce vulnerability ex...