Thursday, February 01, 2007

USNews.com: Money: The Price of Charity

USNews.com: Money: The Price of Charity: "Study: 'A Greater Price for a Greater Good? The Charity Premium at eBay 'Giving Works' '

Authors: Brian McManus and Daniel Elfenbein (Olin School of Business, Washington University in St. Louis)

Status: Working paper

Summary: Which would you rather buy: an iPod that costs $199 or one that costs $10 more–but sends the extra money to charity? A new study finds that even charitable giving has its limits.

Will people pay more for a product that backs a good cause? Yes, up to a point, according to studies conducted by Brian McManus and Daniel Elfenbein, two professors at the Olin School of Business at Washington University in St. Louis."

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