Supported by a $4.8 million grant from the John Templeton Foundation, the University of Chicago has established a Science of Philanthropy Initiative (SPI) that will explore the motivations behind charitable giving. The University of Chicago will collaborate with scholars from the University of Wisconsin-Madison, Georgia State University, Brown University and the University of Minnesota to try to learn more about the science of charitable giving. Michael Price, associate professor of economics in the Andrew Young School of Policy Studies at Georgia State University will be a faculty consultant for the initiative. SPI’s website states that, “by bringing together social scientists, charitable organizations, individual donors and interested policy makers, SPI hopes to change the philanthropic market by providing evidence-based research that will inform the way practitioners operate.” SPI also plans to host an annual conference and a webinar series.
You can find many of Price’s previously published works on philanthropy through the University Library:
- List, John A. and Michael K. Price, “Charitable Giving Around the Globe: Thoughts on How to Expand the Pie,” CESifo Economic Studies, 58 (2012): pp. 1-30.
- List, John A. and Michael K. Price, “The Role of Social Connections in Charitable Fundraising: Evidence from a Natural Field Experiment,” Journal of Economic Behavior and Organization, 69 (2009): pp. 160-169.
- Price, Michael K. “Fund-Raising Success and a Solicitor’s Beauty Capital: Do Blondes Raise More Funds?”, Economics Letters, 100 (2008): pp. 351-354.
- Lange, Andreas, John A. List, and Michael K. Price, “A Fundraising Mechanism Inspired by Historical Tontines: Theory and Experimental Evidence,” Journal of Public Economics, 91 (2007): pp. 1750-1782.