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571:. If the free-rider problem dominates, then bids and consequently auction revenues would be depressed. On the other hand, bids could rise because they are subsidized by charitable sentiment Theoretical work has investigated the properties of different formats of charity auctions under the assumption that bidders care about the charity's revenue. The general result is that private benefits from charitable giving can translate into a “charity premium,” an increase in auction revenue resulting from charitable donations.
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In a charity auction the winning payment benefits a cause that is presumably valued by the bidder as well as competing bidders. Thus, the bidder receives a benefit from his own payment – both the item won and the value the donation supports the organization – and other bidders do as well, as their
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Altruism is commonly considered to be the principle motive in donation behavior, and this altruism could very much depend on the proportion of the proceeds that is donated to charity. Altruism is often confused with empathy, leading to paradoxes such as avoiding fundraisers.
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12. ERnan Haruvy, Peter
Popkowski Leszczyc, Greg Allenby, Russell Belk, Catherine Eckel, Robert Fisher, Sherry Xin Li, John A. List, Yu Ma, and Yu Wang. (2020). "Fundraising design: key issues, unifying framework, and open puzzles." Marketing Letters 31, no. 4,
538:. These events are typically hosted in hotels or ballrooms, and dinner or cocktails may be served to guests. Charity auctions aimed at business leaders and other well-off potential donors often take the form of a formal gala.
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are experiential items that cannot typically be bought in the store, including meetings with celebrities, an autographed guitar, and naming rights for characters in a forthcoming novel. In one notable example, Musician
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There are three primary approaches to academic research on charity auctions: (1) utility-based (Economics discipline), (2) appeals-based (Marketing discipline), and (3) societal-based (Sociology discipline).
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charity is supported. Therefore, bidders have two objectives that could be in conflict with one another: to win items that they value but also to support a charitable cause in part by driving up the price.
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Andreoni, J., Rao, J. M., & Trachtman, H. (2017). Avoiding the ask: A field experiment on altruism, empathy, and charitable giving. Journal of political
Economy, 125(3), 625-653
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DellaVigna, S., List, J. A., & Malmendier, U. (2012). Testing for altruism and social pressure in charitable giving. The quarterly journal of economics, 127(1), 1-56.
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Ernan Haruvy and Peter
Popkowski Leszczyc (2009). Bidder motives in cause-related auctions. International Journal of Research in Marketing, 26(4), 324-331.
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Goeree, J. K., Maasland, E., Onderstal, S., & Turner, J. L. (2005). How (not) to raise money. Journal of
Political Economy, 113(4), 897–918.
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sold 100 of his guitars in a charity auction in 1999 and raised $ 5 million for his substance abuse treatment facility.
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and Peter
Popkowski Leszczyc (2015). The Loser’s Bliss in Auctions with Price Externality. Games, 6(3), 191-213.
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Engers, M. P., & McManus, B. P. (2007). Charity auctions. International
Economic Review, 48(3), 953–994.
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Engers, M., & McManus, B. (2007). Charity auctions. International
Economic Review, 48(3), 953-994.
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Engers, M., & McManus, B. (2007). Charity auctions. International
Economic Review, 48(3), 953-994.
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608:"For Charity, Bidding for Access to Stars — Even a Hug"
641:"Donations With Dividends, Like Cruises and Puppies"
575:Different Academic Approaches to Charity Research
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23:Declan Crouch Fund Charity Art Auction in 2012
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178:Generalized second-price
173:Generalized first-price
228:Simultaneous ascending
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769:Contexts for auctions
263:Vickrey–Clarke–Groves
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143:Discriminatory price
453:Revenue equivalence
138:Deferred-acceptance
645:The New York Times
612:The New York Times
569:free-rider problem
223:Sealed first-price
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303:Cancellation hunt
253:Value of revenues
123:Click-box bidding
16:Fundraising event
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656:. Retrieved
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378:Domain names
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233:Single-price
133:Common value
565:public good
93:Anglo-Dutch
76:Bidding fee
758:Categories
658:2023-01-27
625:2023-01-27
593:References
348:Algorithms
248:Unique bid
203:No-reserve
653:0362-4331
620:0362-4331
536:charities
413:Virginity
268:Walrasian
198:Multiunit
108:Brazilian
88:Amsterdam
720:371-380.
584:Altruism
549:auctions
488:Software
478:Ebidding
403:Spectrum
368:Children
338:Contexts
218:Scottish
188:Knapsack
183:Japanese
113:Calcutta
40:Auctions
32:a series
30:Part of
383:Flowers
373:Players
363:Charity
323:Suicide
318:Sniping
313:Rigging
293:Shading
283:Bidding
258:Vickrey
213:Reverse
163:Forward
158:English
71:Chinese
66:All-pay
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468:Online
433:Theory
408:Stamps
398:Slaves
273:Yankee
168:French
148:Double
118:Candle
81:Dollar
423:Wives
388:Loans
353:Autos
153:Dutch
56:Types
649:ISSN
616:ISSN
534:for
418:Wine
393:Scam
308:Jump
208:Rank
358:Art
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