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Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms

In an artefactual field experiment, we implemented a crowdfunding campaign for an institute’s summer party and compared donation and contribution framings. We found that the use of the word ‘donation’ generated higher revenue than the use of ‘contribution.’ While the individuals receiving the donati...

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Detalles Bibliográficos
Autores principales: Adena, Maja, Huck, Steffen
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9309996/
https://www.ncbi.nlm.nih.gov/pubmed/35911999
http://dx.doi.org/10.1007/s10683-022-09759-6
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author Adena, Maja
Huck, Steffen
author_facet Adena, Maja
Huck, Steffen
author_sort Adena, Maja
collection PubMed
description In an artefactual field experiment, we implemented a crowdfunding campaign for an institute’s summer party and compared donation and contribution framings. We found that the use of the word ‘donation’ generated higher revenue than the use of ‘contribution.’ While the individuals receiving the donation framing gave substantially larger amounts, those receiving the contribution framing responded more strongly to reward thresholds and suggestions. An additional survey experiment on MTurk indicated that the term ‘donation’ triggers more positive emotional responses and that emotions are highly correlated with giving. It appears that making a donation is perceived as a more voluntary act and is thus more successful at generating warm glow than making a contribution. We surmise that this extends to other funding mechanisms. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10683-022-09759-6.
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spelling pubmed-93099962022-07-25 Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms Adena, Maja Huck, Steffen Exp Econ Original Paper In an artefactual field experiment, we implemented a crowdfunding campaign for an institute’s summer party and compared donation and contribution framings. We found that the use of the word ‘donation’ generated higher revenue than the use of ‘contribution.’ While the individuals receiving the donation framing gave substantially larger amounts, those receiving the contribution framing responded more strongly to reward thresholds and suggestions. An additional survey experiment on MTurk indicated that the term ‘donation’ triggers more positive emotional responses and that emotions are highly correlated with giving. It appears that making a donation is perceived as a more voluntary act and is thus more successful at generating warm glow than making a contribution. We surmise that this extends to other funding mechanisms. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10683-022-09759-6. Springer US 2022-07-25 2022 /pmc/articles/PMC9309996/ /pubmed/35911999 http://dx.doi.org/10.1007/s10683-022-09759-6 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Original Paper
Adena, Maja
Huck, Steffen
Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
title Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
title_full Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
title_fullStr Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
title_full_unstemmed Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
title_short Voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
title_sort voluntary ‘donations’ versus reward-oriented ‘contributions’: two experiments on framing in funding mechanisms
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9309996/
https://www.ncbi.nlm.nih.gov/pubmed/35911999
http://dx.doi.org/10.1007/s10683-022-09759-6
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