کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
969131 1479443 2014 7 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Andreoni–McGuire algorithm and the limits of warm-glow giving
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Andreoni–McGuire algorithm and the limits of warm-glow giving
چکیده انگلیسی

We provide a full equilibrium characterization of warm-glow giving à la Andreoni (1989, 1990) by extending the Andreoni-McGuire (1993) algorithm. We then generalize and offer an intuitive meaning to the large-economy crowding-out results by Ribar and Wilhelm (2002). The algorithm indexes individuals according to their free-riding levels of the public good. This level is finite for an individual whose donation is always dictated by some altruism or concern for charity. We show that if all individuals have finite free-riding levels, then the crowding-out is complete in a large economy. If, on the other hand, a non-negligible fraction of the population never free rides, then the crowding-out is zero in a large economy. We discuss implications of these extreme crowding-out predictions for charitable behavior and fund-raising strategies.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Public Economics - Volume 114, June 2014, Pages 101–107
نویسندگان
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