作者:Ribar, DC; Wilhelm, MO
作者单位:George Washington University; Purdue University System; Purdue University; Purdue University in Indianapolis
摘要:This study theoretically and empirically examines altruistic and joy-of-giving motivations underlying contributions to charitable activities. The theoretical analysis shows that in an economy with an infinitely large number of donors, impurely altruistic preferences lead to either asymptotically zero or complete crowd-out. The paper then establishes conditions on preferences that are sufficient to yield zero crowd-out in the limit. These conditions are fairly weak and quite plausible. An empir...