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Decisions to donate time or money for charitable purposes are typically seen as make-or-buy decisions, implying that there should be a clear distinction between individuals engaging in one of these two forms of giving and that this distinction should be somehow linked to opportunity costs. But...
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volunteering time to donating money when monetary donations are, ceteris paribus, more efficient for providing resources to charity … donations. We also primed between-subjects the emphasis on the donation value to the charity (pure altruism) or the sacrifice to … overall charitable donations. We discuss the implications of our experimental results for both theory and policy. …
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