Philanthropy is one of the enduring areas of economic research. Why would people work
hard only to give their earnings away? The paper explores the theoretical foundations, as …

abstract The authors begin by offering an overview of the sources and amounts of campaign
contributions in the US In the light of these facts, they explore the assumption that the …

We model firms as competing for socially responsible consumers by linking the provision of
a public good (environmentally friendly or socially responsible activities) to sales of their …

We analyze a game of strategic experimentation with two‐armed bandits whose risky arm
might yield payoffs after exponentially distributed random times. Free‐riding causes an …

This Chapter summarizes the overall facts about charitable giving. Charitable giving has
remained an active and important area within Public Economics. Then also discusses about …

The vast majority of Americans make charitable contributions. In 2000, 90 percent of US
house-holds donated on average $1,623 to nonprofit organizations. 1 Why do so many …

This paper examines moral hazard in teams over time. Agents are collectively engaged in a
project whose duration and outcome are uncertain, and their individual efforts are …

Publisher Summary The presence of public goods seriously challenges traditional or
“natural” solutions for the allocation of private goods. Important policy questions, of whether …

Why do charities often begin new capital fund drives by announcing a large contribution by a
single wealthy donor? This paper explores the possibility that such “leadership giving” …

The Etruscan Brontoscopic Calendar is a rare document of omens foretold by thunder. It
long lay hidden, embedded in a Greek translation within a Byzantine treatise from the age of …