The effectiveness of private benefits in fundraising of local charities*

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 larg...

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Bibliographic Details
Main Authors: Sieg, Holger, Zhang, Jipeng
Other Authors: School of Humanities and Social Sciences
Format: Article
Language:English
Published: 2015
Subjects:
Online Access:https://hdl.handle.net/10356/107453
http://hdl.handle.net/10220/25508
http://dx.doi.org/10.1111/j.1468-2354.2012.00684.x
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Institution: Nanyang Technological University
Language: English
Description
Summary: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.