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for respondents with high income and wealth. We also establish that OLS estimators that do not properly deal with …
Persistent link: https://www.econbiz.de/10010274773
Recent theoretical contributions depart from the usual practice of treating individual attitude endowments as a black box, by assuming that these are shaped by the attitudes of parents and other role models. Attitudes include fundamental preferences such as risk preference, and crucial beliefs...
Persistent link: https://www.econbiz.de/10010264365
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate...
Persistent link: https://www.econbiz.de/10011931984
This paper studies how a preference for consistency can affect economic decision-making. We propose a two-period model where people have a preference for consistency because consistent behavior allows them to signal personal and intellectual strength. We then present three experiments that study...
Persistent link: https://www.econbiz.de/10010277353
.8, yielding a total elasticity of about -1. These estimates mask considerable heterogeneity: high-income individuals respond more … on the intensive margin, while the extensive-margin response is stronger among low-income taxpayers. …
Persistent link: https://www.econbiz.de/10011744897
We study donor loyalty in the context of church membership in Germany. Church members have to make substantial payments to their church but can opt out at any time. In a large-scale field experiment, we examine how private recognition for past payments affects church members’ loyalty. We find...
Persistent link: https://www.econbiz.de/10012269494
Ineffective fundraising lowers the resources charities can use for goods provision. We combine a field experiment and a causal machine-learning approach to increase a charity’s fundraising effectiveness. The approach optimally targets fundraising to individuals whose expected donations exceed...
Persistent link: https://www.econbiz.de/10012582100
Has the COVID-19 pandemic affected pro-sociality among individuals? After the onset of the pandemic, many charitable appeals were updated to include a reference to COVID-19. Did donors increase their giving in response to such changes? In order to answer these questions, we conducted a...
Persistent link: https://www.econbiz.de/10013177622
, which suggests an absence of intertemporal substitution effects in giving. Second, we study bunching at an income …-tax exemption threshold for giving and estimate a modest own-price elasticity that is decreasing in income, age, and wealth. Third … primarily driven by income effects. …
Persistent link: https://www.econbiz.de/10013266665
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...
Persistent link: https://www.econbiz.de/10010480827