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Warm glow in charitable auctions: Are the WEIRDos driving the results?

Author

Listed:
  • Kyriaki Remoundou
  • Drichoutis Andreas

    (University of Ioaninna)

  • Phoebe Koundouri

    (Dept. of International and European Economic Studies, Athens University of Economics and Business)

Abstract

Running conventional laboratory experiments (i.e., with a standard student subject pool) is common practice in economic experiments especially when methodological issues are explored. However, generalization of the results from such experiments to the entire population is subject to severe critique. In this study we investigate warm glow in charitable auctions in a conventional lab experiment and an artefactual field experiment (i.e., lab experiment using subjects from the general population). The auction is constructed in a way to isolate warm glow by donating the sum of revenues by highest bidders to an environmental charity of subjects�?�¢?? choice. Contributions motivated by pure altruism were eliminated by keeping constant the total amount the charity would receive. Results for the two subject pools are at complete odds. There is ample evidence of warm glow in the student subject pool but none in the consumer subject pool. Our findings suggest that conclusions from conventional lab experiments may not be immediately transferable to the general population.

Suggested Citation

  • Kyriaki Remoundou & Drichoutis Andreas & Phoebe Koundouri, 2010. "Warm glow in charitable auctions: Are the WEIRDos driving the results?," DEOS Working Papers 1028, Athens University of Economics and Business.
  • Handle: RePEc:aue:wpaper:1028
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    Cited by:

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    2. Slonim, Robert & Wang, Carmen & Garbarino, Ellen & Merrett, Danielle, 2013. "Opting-in: Participation bias in economic experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 90(C), pages 43-70.

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    More about this item

    Keywords

    warm glow; charitable auctions; lab experiment; WEIRDos;
    All these keywords.

    JEL classification:

    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • J19 - Labor and Demographic Economics - - Demographic Economics - - - Other
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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