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‘Expressive’ obligations in public good games: Crowding-in and crowding-out effects

✍ Scribed by Bernasconi, Michele; Corazzini, Luca; Marenzi, Anna

Book ID
122511725
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
336 KB
Volume
67
Category
Article
ISSN
1090-9443

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Whether government subsidies to nonprofit organizations leverage (crowd in) private donations, or rather crowd them out has been actively debated for some time. A third hypothesis, explored theoretically and tested empirically in this paper, is that the two phenomena are actually not inconsistent wi