Private Contributions to Collective Concerns: Modelling Donor Behaviour
Posted: 1 Mar 2010
The obvious discrepancy between the predictions of the standard model of private provision of public goods and empirical indications have led many economists to search for alternative explanations of the phenomenon of voluntary contributions. Whilst concentrating on models of donor motivation, the present paper gives a non-technical survey of a sample of these approaches, and discusses their advantages and limitations.
Keywords: Public goods, Free-rider, Warm glow, Charity
JEL Classification: H10, D60
Suggested Citation: Suggested Citation