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Strategic Information Revelation in Fund-Raising Campaigns

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  • Mehmet Bac

    (University of Chicago and Bilkent University)

  • Parimal Kanti Bag

    (University of London)

Abstract

We consider a multi-stage game of fund-raising to study the announcement strategy of a fund-raiser, who is privately informed about the number of potential contributors, with the objective of collecting maximal contributions for a public project. We show that whether the public project is convex or non- convex can be the key to whether the fund-raiser announces or suppresses the information about the contributors. We also show that non-binding appeals by the fund-raiser requesting a specified minimum contribution from each contributor can often induce largest total contributions.

Suggested Citation

  • Mehmet Bac & Parimal Kanti Bag, 2000. "Strategic Information Revelation in Fund-Raising Campaigns," Econometric Society World Congress 2000 Contributed Papers 0178, Econometric Society.
  • Handle: RePEc:ecm:wc2000:0178
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    References listed on IDEAS

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    Cited by:

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