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  • We present evidence from a natural field experiment designed to shed light on whether individual behavior is consistent with a neoclassical model of utility maximization subject to budget constraints. We do this through the lens of a field experiment on charitable giving. We find that the behavior of at least 80% of individuals, on both the extensive and intensive margins, can be rationalized within a standard neoclassical choice model in which individuals have preferences, defined over own consumption and their contribution towards the charitable good, satisfying the axioms of revealed preference. (xsd:string)
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?:dateModified
  • 2017 (xsd:gyear)
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  • 2017 (xsd:gyear)
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  • true (xsd:boolean)
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  • en (xsd:string)
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  • Testing consumer theory: evidence from a natural field experiment (xsd:string)
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  • Arbeitspapier (xsd:string)
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  • GESIS-SSOAR (xsd:string)
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  • SP II 2017-309 (xsd:string)