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- W2120892795 abstract "There is a widespread belief that peer effects are important in charitable giving but little evidence on how donors respond to their peers. Analysing a unique data set of donations to online fund‐raising pages, we find positive and sizeable peer effects: a £10 increase in the mean of past donations increases giving by £2.50, on average. Donations respond to both very large and very small amounts and to changes in the mode. We find little evidence that donations signal charity quality – our preferred explanation is that donors use information on earlier donations to decide what is appropriate for them to give." @default.
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- W2120892795 date "2014-06-12" @default.
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- W2120892795 title "Peer Effects in Charitable Giving: Evidence from the (Running) Field" @default.
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- W2120892795 doi "https://doi.org/10.1111/ecoj.12114" @default.
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