eprintid: 12101
rev_number: 5
eprint_status: archive
userid: 1
dir: disk0/00/01/21/01
datestamp: 2011-07-12 13:39:29
lastmod: 2015-04-22 15:30:52
status_changed: 2012-08-15 09:00:19
type: workingPaper
metadata_visibility: show
creators_name: Diederich, Johannes
creators_name: Goeschl, Timo
title: Giving in a Large Economy: Price vs. Non-Price Effects in a Field Experiment
ispublished: pub
subjects: ddc-330
divisions: i-181000
keywords: private provision of public goods , large economy , price elasticity , field experiment, charitable giving
abstract: We conduct a large-scale field experiment with 2,440 subjects in which we exogenously vary the price of contributing to the closest empirical counterpart of an infinitely large public good, climate change mitigation. We find that the price effect is robust and negative, but quantitatively weak, with a price elasticity of -0.25. Socioeconomic variables such as education, situational variables such as meteorological conditions around the time of the experiment, and attitudinal variables that can be linked to guilt and moral responsibility dominate the price effect. The latter also explain better than price arbitrage the decision of subjects to declare to be field price censored. The results provide an experimental window on the absolute and relative role of price effects on public goods contributions in a large economy and inform current attempts to build a coherent theory of charitable giving.
abstract_translated_lang: eng
date: 2011
date_type: published
id_scheme: DOI
id_number: 10.11588/heidok.00012101
schriftenreihe_cluster_id: sr-3
schriftenreihe_order: 0514
ppn_swb: 662459318
own_urn: urn:nbn:de:bsz:16-opus-121017
language: eng
bibsort: DIEDERICHJGIVINGINAL2011
full_text_status: public
citation:   Diederich, Johannes ; Goeschl, Timo  (2011) Giving in a Large Economy: Price vs. Non-Price Effects in a Field Experiment.  [Working paper]     
document_url: https://archiv.ub.uni-heidelberg.de/volltextserver/12101/1/diederich_goeschl_2011_dp514.pdf