Why charities announce donations: A positive perspective
Journal Article (Journal Article)
Charities frequently announce contributions of donors as they accrue. Doing so induces donors to play a sequential-move rather than simultaneous-move game. We examine the conditions under which a charity prefers such sequential play. It is known that if donors only value contributions through their effect on the total provision of a public good, then the charity will not announce contributions sequentially. However, with more general utility functions that include additional effects such as warm-glow or snob appeal, the charity may benefit from announcing contributions. © Elsevier Science S.A.
Full Text
Duke Authors
Cited Authors
- Romano, R; Yildirim, H
Published Date
- September 1, 2001
Published In
Volume / Issue
- 81 / 3
Start / End Page
- 423 - 447
International Standard Serial Number (ISSN)
- 0047-2727
Digital Object Identifier (DOI)
- 10.1016/S0047-2727(00)00078-5
Citation Source
- Scopus