Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/185724 
Year of Publication: 
2017
Series/Report no.: 
Discussion Paper No. 54
Publisher: 
Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition, München und Berlin
Abstract: 
We present evidence from a natural field experiment designed to shed light on whether individual behavior is consistent with a neoclassical model of utility maximization subject to budget constraints. We do this through the lens of a field experiment on charitable giving. We find that the behavior of at least 80% of individuals, on both the extensive and intensive margins, can be rationalized within a standard neoclassical choice model in which individuals have preferences, defined over own consumption and their contribution towards the charitable good, satisfying the axioms of revealed preference.
Subjects: 
natural field experiment
revealed preference
JEL: 
C93
D01
D12
D64
Document Type: 
Working Paper

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