Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/83194
Authors: 
Cheng, Sao-Wen
Wagener, Andreas
Year of Publication: 
2000
Series/Report no.: 
Volkswirtschaftliche Diskussionsbeiträge 92-00
Abstract: 
We examine two types of altruism and their implications for voluntary giving. Philanthropists are altruists who wish to enhance the well-being of others, while individuals with merit-good preferences only wish to further the consumption of certain merit goods by others. Philanthropic donors prefer to make cash donations, while donors with merit-good preferences prefer to give in kind. The equilibrium of a donations-game with a philanthropic donor and recipients is efficient, while the equilibrium of a game with a single donor with merit-good preferences is not. Both equilibria are inefficient if there are multiple donors with strategic interaction amongst them.
JEL: 
C70
D64
Document Type: 
Working Paper

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