The Fallacy of the Good Samaritan : Volunteering as a Weird Way of Making Money

@inproceedings{Hackl2005TheFO,
  title={The Fallacy of the Good Samaritan : Volunteering as a Weird Way of Making Money},
  author={Franz Hackl and Martin Halla and Gerald Josef Pruckner},
  year={2005}
}
This paper explores individual motives for volunteering: The analysis is based on the interpretation of volunteering as a consumption good (consumption model) or as a mean to increase individual’s own human capital (investment model). We present an econometric framework taking into account self selection into volunteering and simultaneity between the… CONTINUE READING