This volume consists of nine papers that use experimental and theoretical tools to examine issues pertaining to charitable auctions and fundraising. In recent years, the revenue-generating effects of different fundraising techniques have been a subject of increasing policy interest as private, religious and state originations have come to rely increasingly on fundraising activities for revenues. Experimental methods provide an ideal context for conducting the dialogue between economists, fundraisers and policymakers regarding the revenue and social consequences of alternative fundraising methods. Themes explored in the volume include the structure of charity auctions, charity lotteries, fund drives as well as some of broader issues underlying charitable behaviour. It explores the structure of different fundraising and charitable programs. It is a valuable resource for economists, fundraisers and policymakers interested in the consequences of their fundraising efforts.

A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. "Experimental Economics" is the first comprehensive treatment of this rapidly growing area of research. While the book acknowledges that laboratory experiments are no panacea, it argues cogently for their effectiveness in selected situations. Covering methodological and procedural issues as well as theory, "Experimental Economics" is not only a textbook but also a useful introduction to laboratory methods for professional economists.

Although the authors present some new material, their emphasis is on organizing and evaluating existing results. The book can be used as an anchoring device for a course at either the graduate or advanced undergraduate level. Applications include financial market experiments, oligopoly price competition, auctions, bargaining, provision of public goods, experimental games, and decision making under uncertainty. The book also contains instructions for a variety of laboratory experiments.