Tore Ellingsen () and
Magnus Johannesson ()
Journal of Public Economics, 2011, vol. 95, issue 9-10, 1131-1143
We develop a simple model of generous behavior. It is based on the premise that some people are generous, but everyone wants to appear generous--especially in the eyes of other generous people. Although non-monetary donations are always inefficient, they frequently occur in equilibrium because they facilitate signaling. The model helps to explain the prevalence of volunteering, the nature of Christmas gifts, and the taboo against paying cash in return for friendly favors. Finally, and perhaps most notably, the model explains why it is so common to ask for non-monetary favors and so uncommon to ask for money.
Keywords: Altruism; Non-monetary; gifts; Volunteering (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (34) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Journal Article: Conspicuous generosity (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:95:y:2011:i:9-10:p:1131-1143
Access Statistics for this article
Journal of Public Economics is currently edited by R. Boadway and J. Poterba
More articles in Journal of Public Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().