Agricultural Economics, Department of

 

Cornhusker Economics

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Date of this Version

3-30-2016

Document Type

Newsletter Issue

Citation

Cornhusker Economics, March 30, 2016

Agricultural Economics, University of Nebraska-Lincoln

Abstract

Our study results indicate that success of fundraising out- comes depends both on the nature of social connections that determine the amount of information available about other’s giving behaviors as well as the endowments from which people make their donations. Thus, a key lesson from our study is that fundraising is not a one-size-fits-all endeavor. If funding organizations want to streamline their activities to achieve their targets at the lowest possible costs, they should be mindful of the donor demographic and the nature of community relations. At this point, we caution the reader about extrapolating the results of this controlled and stylized study to real life settings. The goal of laboratory experiments is to provide important benchmark results that establish proof of concept and internal theoretical validity of the mechanisms studied. For external validity, greater generalizability and eventual policy implementation, experimentation in other related settings and with a non- student subject pool is essential. This is the subject matter of current ongoing research.

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