Donors Economics Professor Tyler Cowen Reports ...

Donors Economics professor Tyler Cowen reports donors often tolerate high administrative costs, fail to monitor charities, and do not insist on measurable results—the opposite of how they treat financial investments. He also confirmed that while 1-for-1 matching funds increase donations, pledges of $2 or even $3 to match an outside dollar do not prompt more gifts. (New York Times 6/15/06)