The effectiveness of private benefits in fundraising of local charities*
Date of Issue2012
School of Humanities and Social Sciences
This paper provides an empirical analysis of the role that private benefits play in explaining charitable donations to large cultural organizations. We develop a multiple discrete choice model with differentiated products. We estimate the model using a unique data set of donor lists for the ten largest cultural and environmental charitable organizations in the Pittsburgh metropolitan area. We find that private benefits that furnish social status to motivate donors to support the related charities.
DRNTU::Social sciences::Economic theory::Microeconomics
International economic review
© 2012 the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association. This is the author created version of a work that has been peer reviewed and accepted for publication in International Economic Review, published by Wiley on behalf of the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http;//dx.doi.org/10.1111/j.1468-2354.2012.00684.x].