Publicity vs. impact in nonprofit disclosures and donor preferences: a sequential game with one nonprofit organization and N donors

Charitable giving is one of the essential tasks of a properly functioning civil society. This task is greatly complicated by the lack of organizational transparency and by the information asymmetries that often exist between organizations and donors in the market for charitable donations. The disclo...

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Veröffentlicht in:Annals of operations research 2014-10, Vol.221 (1), p.469-491
Hauptverfasser: Zhuang, Jun, Saxton, Gregory D., Wu, Han
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Wu, Han
description Charitable giving is one of the essential tasks of a properly functioning civil society. This task is greatly complicated by the lack of organizational transparency and by the information asymmetries that often exist between organizations and donors in the market for charitable donations. The disclosure of financial, performance, donor-relations, and fundraising-related data is thus an important tool for nonprofit organizations attempting to attract greater donations while boosting accountability and public trust. There are, however, varying payoffs associated with such disclosure depending on the nature of donor preferences and the relative openness and effectiveness of competing organizations. To help understand the interplay between nonprofit organizational disclosures and individual donations, we present a novel game-theoretic model of disclosure–donation interactions that incorporates the predominant forms of both donor preferences and “value-relevant” information.
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source SpringerNature Journals; EBSCOhost Business Source Complete
subjects Accountability
Asymmetry
Business and Management
Capital markets
Civil society
Combinatorics
Communication
Disclosure
Donations
Earthquakes
Fund raising
Game theory
Games
Gifts
Humanitarianism
Management
Markets
National security
Nonprofit organizations
Operations research
Operations Research/Decision Theory
Organizational communication
Organizations
Tasks
Text messaging
Theory of Computation
Utility functions
title Publicity vs. impact in nonprofit disclosures and donor preferences: a sequential game with one nonprofit organization and N donors
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