Conspicuous generosity

A-Tier
Journal: Journal of Public Economics
Year: 2011
Volume: 95
Issue: 9-10
Pages: 1131-1143

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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--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.

Technical Details

RePEc Handle
repec:eee:pubeco:v:95:y:2011:i:9-10:p:1131-1143
Journal Field
Public
Author Count
2
Added to Database
2026-01-25