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  Insuring Your Donation – An Experiment

Buijze, R., Engel, C., & Hemels, S. (2017). Insuring Your Donation – An Experiment. Journal of Empirical Legal Studies, 14(4), 858-885.

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 Creators:
Buijze, Renate, Author
Engel, Christoph1, Author              
Hemels, Sigrid, Author
Affiliations:
1Max Planck Institute for Research on Collective Goods, Max Planck Society, ou_2173688              

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 Abstract: An increasing fraction of donations is channeled through donation intermediaries. These entities serve multiple purposes, one of which seems to be providing donors with greater certainty: that the donation reaches its intended goal, and that the donor may be sure to get a tax benefit. We interpret this function as insurance and test the option to insure donations in the lab. Our participants indeed have a positive willingness to pay for insurance against either risk. Yet the insurance option is only critical for their willingness to donate to a charity if the uncertainty affects the proper use of their donation.

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 Dates: 20172017
 Publication Status: Published in print
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 Rev. Type: Peer
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Title: Journal of Empirical Legal Studies
Source Genre: Journal
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Pages: - Volume / Issue: 14 (4) Sequence Number: - Start / End Page: 858 - 885 Identifier: -