ZBW – Leibniz Information Centre for Economics, Kiel, Hamburg
We investigate the impact of empathy and impulsiveness on charitable giving using a real donation experiment. We confirm that greater empathy predicts greater charitable giving. Contrary to recent literature, however, we find a significant negative relationship between impulsiveness and donation behavior. Specifically, when financial resources are scarce, donations are more often made by decision-makers who are able to suppress an intuitively egoistic response.