AUCTIONS FOR CHARITY: THE CURSE OF THE FAMILIAR

Jeffrey Carpenter*, Damian S. Damianov, Peter Hans Matthews

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

Auctions and raffles are commonly used to fund public goods. We run fundraising events in the field at the meetings of a well-known service organization across the United States to examine the fundraising properties of five mechanisms: one that is common in the literature, two that are familiar to practitioners in the field, and two that are new. Consistent with a novel model assuming independent private attachments to the charity, we find large differences in the performance between the two most familiar formats, but these disparities are dwarfed by the differentials achieved using the new and less common formats.

Original languageEnglish
Pages (from-to)1109-1135
Number of pages27
JournalInternational Economic Review
Volume63
Issue number3
Early online date30 Dec 2021
DOIs
Publication statusPublished - Aug 2022
MoE publication typeA1 Journal article-refereed

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