EconPapers    
Economics at your fingertips  
 

Generosity

Tore Ellingsen () and Magnus Johannesson ()

No 664, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: 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. Although non-monetary donations are always inefficient, our model predicts donors to favor non-monetary donations when the inefficiency is relatively small and when the recipient is sufficiently rich. 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. The model also explains why it is socially more acceptable to ask for favors than for money.

Keywords: Altruism; Non-monetary gifts; Volunteering (search for similar items in EconPapers)
JEL-codes: A13 J20 (search for similar items in EconPapers)
Date: 2007-02-01
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://swopec.hhs.se/hastef/papers/hastef0664.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:hastef:0664

Access Statistics for this paper

More papers in SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Helena Lundin ().

 
Page updated 2019-07-19
Handle: RePEc:hhs:hastef:0664