BEGIN:VCALENDAR VERSION:2.0 PRODID:-//132.216.98.100//NONSGML kigkonsult.se iCalcreator 2.20.4// BEGIN:VEVENT UID:20250507T094903EDT-5426TPsLx3@132.216.98.100 DTSTAMP:20250507T134903Z DESCRIPTION:Jane Tan\n\nCox School of Business | Southern Methodist Univers ity\n\nThe Gift to Give: The Economic Value of Charitable Gifts\n\nDate: F riday\, November 8\, 2024\n Time: 10:30 am - 12:00 pm EDT\n Location: Bronfm an Building\, Room 245\n\nAll are cordially invited to attend.\n\n\nAbout: \n\nGift sending is a social behavior to transfer goods or services volunt arily. A charitable gift card is a novel fundraising instrument that can b e purchased by a gift sender and sent to a gift recipient to support chari table projects on the crowdfunding platform issuing the gift card. We expl ore the impact of sending or receiving a charitable gift card using donati on data from 277\,358 gift card senders and 31\,194 gift card recipients s ix months before and after they sent or received charitable gift cards. We account for the endogenous event of sending or receiving a charitable gif t card using a network-based instrumental variable\; we adopt both two-sta ge least squares and double machine learning estimation strategies. We fin d that gift senders reduced their own giving after sending a charitable gi ft\, except when the gift senders sent a low-valued gift card to a donor e xperienced with the platform. More in-depth investigation shows this effec t is because of the unintended social comparison activated by the gift-sen ding behavior. We also find that gift recipients experienced with the plat form reduced their own giving after receiving and spending the charitable gift card. However\, gift recipients who have no experience with this plat form would donate more if they were given a higher-valued gift card to joi n the platform. Finally\, we find that charitable gift card sending unexpe ctedly activated social comparisons\, where users reduced their own giving when they donated more than the other party historically (downward social comparison) and increased their own giving when they donated less (upward social comparison). Moreover\, the upward social comparison is found to b e stronger for charitable gift card senders\, and the downward social comp arison is more salient for charitable gift card recipients. These findings make unique contributions to the literature by underscoring the potential ly negative consequence of using charitable gift cards.\n DTSTART:20241108T153000Z DTEND:20241108T170000Z LOCATION:Room 245\, Bronfman Building\, CA\, QC\, Montreal\, H3A 1G5\, 1001 rue Sherbrooke Ouest SUMMARY:Business & Management Research Centre: Jane Tan URL:/desautels/channels/event/business-management-rese arch-centre-jane-tan-360893 END:VEVENT END:VCALENDAR