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Toward an Understanding of the Economics of Charity

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Release : 2005
Genre : Charities
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Toward an Understanding of the Economics of Charity by : Craig Landry

Download or read book Toward an Understanding of the Economics of Charity written by Craig Landry. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: "This study develops theory and uses a door-to-door fundraising field experiment to explore the economics of charity. We approached nearly 5000 households, randomly divided into four experimental treatments, to shed light on key issues on the demand side of charitable fundraising. Empirical results are in line with our theory: in gross terms, our lottery treatments raised considerably more money than our voluntary contributions treatments. Interestingly, we find that a one standard deviation increase in female solicitor physical attractiveness is similar to that of the lottery incentive, the magnitude of the estimated difference in gifts is roughly equivalent to the treatment effect of moving from our theoretically most attractive approach (lotteries) to our least attractive approach (voluntary contributions)"--National Bureau of Economic Research web site.

Experimental Approaches to the Study of Charity

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Release : 2011-01-19
Genre : Psychology
Kind : eBook
Book Rating : 035/5 ( reviews)

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Book Synopsis Experimental Approaches to the Study of Charity by : Daniel M. Oppenheimer

Download or read book Experimental Approaches to the Study of Charity written by Daniel M. Oppenheimer. This book was released on 2011-01-19. Available in PDF, EPUB and Kindle. Book excerpt: Americans donate over 300 billion dollars a year to charity, but the psychological factors that govern whether to give, and how much to give, are still not well understood. Our understanding of charitable giving is based primarily upon the intuitions of fundraisers or correlational data which cannot establish causal relationships. By contrast, the chapters in this book study charity using experimental methods in which the variables of interest are experimentally manipulated. As a result, it becomes possible to identify the causal factors that underlie giving, and to design effective intervention programs that can help increase the likelihood and amount that people contribute to a cause. For charitable organizations, this book examines the efficacy of fundraising strategies commonly used by nonprofits and makes concrete recommendations about how to make capital campaigns more efficient and effective. Moreover, a number of novel factors that influence giving are identified and explored, opening the door to exciting new avenues in fundraising. For researchers, this book breaks novel theoretical ground in our understanding of how charitable decisions are made. While the chapters focus on applications to charity, the emotional, social, and cognitive mechanisms explored herein all have more general implications for the study of psychology and behavioral economics. This book highlights some of the most intriguing, surprising, and enlightening experimental studies on the topic of donation behavior, opening up exciting pathways to cross-cutting the divide between theory and practice.

The Economics of Charity

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Release : 1973
Genre : Business & Economics
Kind : eBook
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Book Synopsis The Economics of Charity by : Armen Albert Alchian

Download or read book The Economics of Charity written by Armen Albert Alchian. This book was released on 1973. Available in PDF, EPUB and Kindle. Book excerpt: Label mounted on title page: Transatlantic Arts, Inc., Levittown, N.Y., sole distributor for the U.S.A. Includes bibliographical references.

Behavioral Economics. Donation Behavior and Default Option Problems in Charity Organisations

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Release : 2016-06-24
Genre : Charity organization
Kind : eBook
Book Rating : 324/5 ( reviews)

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Book Synopsis Behavioral Economics. Donation Behavior and Default Option Problems in Charity Organisations by : Bahadir Dusendi

Download or read book Behavioral Economics. Donation Behavior and Default Option Problems in Charity Organisations written by Bahadir Dusendi. This book was released on 2016-06-24. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2016 in the subject Psychology - Social Psychology, grade: 1,6, University of Paderborn, language: English, abstract: The so called nudging or setting defaults are getting more and more common. After the United Kingdom and the United States of America, Germany also got a nudging unit to affect laws by behavioral economic founding. Many aid organizations often struggle to collect enough donations in order to provide the help that is needed. By learning more about the donation behavior of individuals this problem might be solved. This study tries to find possible connections between donation behavior and default option problems. A lot of previous studies in behavioral economics show that setting defaults to opt-out are significantly influencing the behavior of the participants. Our experiment should analyze these findings concerning giving donations to charity organizations. We want to investigate if there are differences in donation between the opt-in and opt-out options. For that, we will conduct selling "Berliner" at two booths. At the first booth we will set the default 1 and ask for a 0.50 donation on top. At the second table we will set the default 1.50 with the opportunity, not to pay the 0.50 for donation, if the participant does not want to. First, we will build a theoretical framework for our study in which different default option studies will be introduced. Furthermore, a hypothesis is constructed following the results of these previous studies. Following our argumentation, it is hypothesized that the number of donations should be higher in the case of opt-out than in the case of opt-in. After the overall framework is explained, our experiment will be described in detail. At first the overall environment, structure and design of the experiment is described. Following, the implementations are stated. In the next chapter an analysis of our results is conducted. In the beginning our findings are presented in a number of cha

Why Philanthropy Matters

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Release : 2013-02-21
Genre : Political Science
Kind : eBook
Book Rating : 811/5 ( reviews)

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Book Synopsis Why Philanthropy Matters by : Zoltan Acs

Download or read book Why Philanthropy Matters written by Zoltan Acs. This book was released on 2013-02-21. Available in PDF, EPUB and Kindle. Book excerpt: The hidden role of philanthropy in enriching America's prosperity—and the world's Philanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation—and the world—has remained largely unexplored. Why Philanthropy Matters takes an in-depth look at philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment of wealth in other countries. Factoring in philanthropic cycles that help balance the economy, Zoltan Acs offers a richer picture of capitalism, and a more accurate backdrop for considering policies that would promote the capitalist system for the good of all. Examining the dynamics of American-style capitalism since the eighteenth century, Acs argues that philanthropy achieves three critical outcomes. It deals with the question of what to do with wealth—keep it, tax it, or give it away. It complements government in creating public goods. And, by focusing on education, science, and medicine, philanthropy has a positive effect on economic growth and productivity. Acs describes how individuals such as Benjamin Franklin, Andrew Carnegie, Bill Gates, and Oprah Winfrey have used their wealth to establish institutions and promote knowledge, and Acs shows how philanthropy has given an edge to capitalism by promoting vital forces—like university research—necessary for technological innovation, economic equality, and economic security. Philanthropy also serves as a guide for countries with less flexible capitalist institutions, and Acs makes the case for a larger, global philanthropic culture. Providing a new perspective on the development of capitalism, Why Philanthropy Matters highlights philanthropy's critical links to the economic progress, health, and future of the United States—and beyond.

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