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dc.contributor.authorKnowles, Stephen
dc.contributor.authorServátka, Maroš
dc.identifier.citationKnowles, S., & Servátka, M. (2014). Transaction Costs, the Opportunity Cost of Time and Inertia in Charitable Giving (Economics Discussion Papers Series No. 1401). University of Otago. Retrieved from
dc.identifier.issn1178-2293 (Online)
dc.description.abstractWe conduct a laboratory experiment to analyze the effect transactions costs and inertia have on charitable giving. We conjecture that transaction costs will have a greater effect on donations if the solicitation is received when the opportunity cost of time is high. Inertia could become a factor if people intend to give, but postpone making the payment until they have more time, and having postponed making the donation once, keep doing so. We find evidence of a transaction cost effect, with the size of this effect depending on the opportunity cost of time, but no statistically significant inertia effect.en_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 Unported*
dc.subjectcharitable givingen_NZ
dc.subjectDictator Gameen_NZ
dc.subjecttransaction costsen_NZ
dc.subjectopportunity cost of timeen_NZ
dc.titleTransaction Costs, the Opportunity Cost of Time and Inertia in Charitable Givingen_NZ
dc.typeDiscussion Paperen_NZ
otago.schoolOtago Business School / Department of Economicsen_NZ
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Attribution-NonCommercial-ShareAlike 3.0 Unported
Except where otherwise noted, this item's licence is described as Attribution-NonCommercial-ShareAlike 3.0 Unported