DellaVigna, Stefano; List, John A.; Malmendier, Ulrike - In: The Quarterly Journal of Economics 127 (2012) 1, pp. 1-56
Every year, 90% of Americans give money to charities. Is such generosity necessarily welfare enhancing for the giver? We present a theoretical framework that distinguishes two types of motivation: individuals like to give, for example, due to altruism or warm glow, and individuals would rather...