Arbeitspapier
Promises undone: How committed pledges impact donations to charity
The declining use of cash in society urges charities to experiment with digital payment instruments in their o -line fund raising activities. Cash and card payments di er in that the latter do not require individuals to donate at the time of the ask, disconnecting the decision to give from the act of giving. Evidence shows that people who say they will give mostly do not follow through. Our theory shows that having people to formally state the intended amount may alleviate this problem. We report on a field experiment the results of which show that donors who have pledged an amount are indeed more likely to follow through. The firmer the pledge, the more closely the amount donated matches the amount that was pledged. 45% of all participants however refuses to pledge. This proves that donors value exibility over commitment in intertemporal charitable giving.
- Sprache
-
Englisch
- Erschienen in
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Series: IFRO Working Paper ; No. 2018/03
- Klassifikation
-
Wirtschaft
Field Experiments
Altruism; Philanthropy; Intergenerational Transfers
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Public Goods
- Thema
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Charitable fundraising
Field experiment
Image motivation
- Ereignis
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Geistige Schöpfung
- (wer)
-
Fosgaard, Toke R.
Soetevent, Adriaan R.
- Ereignis
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Veröffentlichung
- (wer)
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University of Copenhagen, Department of Food and Resource Economics (IFRO)
- (wo)
-
Copenhagen
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fosgaard, Toke R.
- Soetevent, Adriaan R.
- University of Copenhagen, Department of Food and Resource Economics (IFRO)
Entstanden
- 2018