| An economic and ethical approach to charity and to charity endowments. | |
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MedLine Citation:
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PMID: 20857600 Owner: HMD Status: MEDLINE |
Abstract/OtherAbstract:
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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. |
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Authors:
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John E Core; Thomas Donaldson |
Publication Detail:
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Type: Historical Article; Journal Article |
Journal Detail:
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Title: Review of social economy Volume: 68 ISSN: 0034-6764 ISO Abbreviation: Rev Soc Econ Publication Date: 2010 |
Date Detail:
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Created Date: 2010-09-21 Completed Date: 2010-12-30 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 100970064 Medline TA: Rev Soc Econ Country: United States |
Other Details:
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Languages: eng Pagination: 261-84 Citation Subset: Q |
Affiliation:
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Wharton School, University of Pennsylvania. |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Charities*
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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
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