TY - JOUR
T1 - On time and money donations
AU - Cappellari, Lorenzo
AU - Ghinetti, Paolo
AU - Ghinetti, Paolo Carlo
AU - Turati, Gilberto
PY - 2011
Y1 - 2011
N2 - This paper investigates the importance of two forms of ‘impure’ altruism (“warm glow” and reputational
concerns) as potential determinants of both time and money gifts. We first develop a comprehensive
behavioral model which accounts for both types of donations, as well as for decisions about domestic
and market hours of work. We then provide an empirical test of these drivers for giving using survey
data for Italy. Results suggest that, according to the theoretical predictions, proxies for ‘impure’ altruism
are important determinants of donations. Moreover, the unobservable determinants driving money and
time donations are positively correlated, suggesting a certain degree of complementarity between the
two decisions. Our findings also stress the importance of considering a behavioral model accounting for
a full set of time and income uses to better characterize individual decisions to donate.
AB - This paper investigates the importance of two forms of ‘impure’ altruism (“warm glow” and reputational
concerns) as potential determinants of both time and money gifts. We first develop a comprehensive
behavioral model which accounts for both types of donations, as well as for decisions about domestic
and market hours of work. We then provide an empirical test of these drivers for giving using survey
data for Italy. Results suggest that, according to the theoretical predictions, proxies for ‘impure’ altruism
are important determinants of donations. Moreover, the unobservable determinants driving money and
time donations are positively correlated, suggesting a certain degree of complementarity between the
two decisions. Our findings also stress the importance of considering a behavioral model accounting for
a full set of time and income uses to better characterize individual decisions to donate.
KW - donations
KW - donations
UR - http://hdl.handle.net/10807/15534
U2 - 10.1016/j.socec.2011.08.013
DO - 10.1016/j.socec.2011.08.013
M3 - Article
SN - 1053-5357
VL - 40
SP - 853
EP - 867
JO - Journal of Socio-Economics
JF - Journal of Socio-Economics
ER -