Transaction Costs, the Opportunity Cost of Time and Inertia in Charitable Giving

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dc.contributor.authorKnowles, S.
dc.contributor.authorServátka, M.
dc.date.accessioned2015-10-08T03:27:14Z
dc.date.available2015-10-08T03:27:14Z
dc.date.issued2014en
dc.description.abstractWe conduct a laboratory experiment to analyze the effect transactions costs and inertia have on charitable giving. We conjecture that transaction costs will have a greater effect on donations if the solicitation is received when the opportunity cost of time is high. Inertia could become a factor if people intend to give, but postpone making the payment until they have more time, and having postponed making the donation once, keep doing so. We find evidence of a transaction cost effect, with the size of this effect depending on the opportunity cost of time, but no statistically significant inertia effect.en
dc.identifier.citationKnowles, S., Servátka, M. (2014) Transaction Costs, the Opportunity Cost of Time and Inertia in Charitable Giving. 44pp..en
dc.identifier.urihttp://hdl.handle.net/10092/11116
dc.language.isoen
dc.publisherUniversity of Canterbury. Department of Economics and Financeen
dc.rights.urihttps://hdl.handle.net/10092/17651en
dc.subjectCharitable givingen
dc.subjectdictator gameen
dc.subjecttransaction costsen
dc.subjectopportunity cost of timeen
dc.subjectinertia.en
dc.subject.anzsrcField of Research::14 - Economicsen
dc.titleTransaction Costs, the Opportunity Cost of Time and Inertia in Charitable Givingen
dc.typeDiscussion / Working Papers
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