Koundouri, Phoebe; Drichoutis, Andreas; Remoundou, Kyriaki - Department of International and European Economic …
In this study we use a novel experimental design to isolate warm glow from pure altruism and measure the extent of warm glow in an auction that contributes the sum of revenues by highest bidders to a charity. We conduct one set of sessions with a standard student pool and a second set of...