Document Detail


An economic and ethical approach to charity and to charity endowments.
MedLine Citation:
PMID:  20857600     Owner:  HMD     Status:  MEDLINE    
Abstract/OtherAbstract:
We examine how and why donors divide gifts between people in the present (across distance) and between the present and future (across time). US donors tend to give less to charities that benefit the poor and more to charities that benefit the non-poor (such as museums, universities, and arts organizations). Many of these wealthier charities have created endowments that benefit not only present persons, but also future persons. We develop a shorthand framework for linking time to distance in charitable allocations that incorporates a "proximity preference," i.e., charity that prefers those who are nearer to us whether by reason of physical distance, psychic-identity, or temporal distance. Even though ethical considerations suggest that recipients' level of need should be the dominant factor in allocating gifts, donors also express preferences, ceteris paribus, for benefits arriving sooner rather than later, and for recipients who are ''closer'' rather than farther away.
Authors:
John E Core; Thomas Donaldson
Publication Detail:
Type:  Historical Article; Journal Article    
Journal Detail:
Title:  Review of social economy     Volume:  68     ISSN:  0034-6764     ISO Abbreviation:  Rev Soc Econ     Publication Date:  2010  
Date Detail:
Created Date:  2010-09-21     Completed Date:  2010-12-30     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  100970064     Medline TA:  Rev Soc Econ     Country:  United States    
Other Details:
Languages:  eng     Pagination:  261-84     Citation Subset:  Q    
Affiliation:
Wharton School, University of Pennsylvania.
Export Citation:
APA/MLA Format     Download EndNote     Download BibTex
MeSH Terms
Descriptor/Qualifier:
Charities* / economics,  education,  history,  legislation & jurisprudence
Economics / history
Financial Management / economics,  history
Fund Raising* / economics,  history
History, 20th Century
History, 21st Century
Humans
Population Groups / education,  ethnology,  history,  psychology
Public Assistance* / economics,  history
Social Welfare* / economics,  ethnology,  history,  psychology
Socioeconomic Factors / history
Voluntary Programs* / economics,  history
Voluntary Workers / education,  history,  psychology

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


Previous Document:  "All this that has happened to me shouldn't happen to nobody else": Loretta Ross and the Women of Co...
Next Document:  Spatial practice, conceived space and lived space: Hong Kong's "Piers saga" through the Lefebvrian l...