The effectiveness of private benefits in fundraising of local charities*

• Main Authors: Sieg, Holger, Zhang, Jipeng
• Other Authors: School of Humanities and Social Sciences
• Format: Article
• Language: English
• Published: 2015
• Subjects: DRNTU::Social sciences::Economic theory::Microeconomics
• 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
• Institution: Nanyang Technological University

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...