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Impure Impact Giving: Theory and Evidence / Daniel M. Hungerman, Mark Ottoni-Wilhelm.
- Format:
- Book
- Author/Creator:
- Hungerman, Daniel M.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24940.
- NBER working paper series no. w24940
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Impure Impact Giving
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- We present a new model of charitable giving where individuals regard out-of-pocket donations and the matches they induce as different. We show that match-price elasticities combine conventional price effects with the strength of warm-glow, so that a match-price elasticity alone is insufficient to characterize preferences for giving. Match- and rebate-price elasticities will typically be different, but together they lead to tests of underlying giving preferences. We estimate, for the first time, a match-price elasticity together with a real-world tax-based rebate elasticity in a non-laboratory high-stakes setting. The estimates reject extant models of giving, but are consistent with the new theory.
- Notes:
- Print version record
- August 2018.
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