Tag: ayelet-gneezy

  • Using Charity to Increase Voluntary Payments

    If a business is experimenting with voluntary pricing (‘pay-what-you-want’ pricing), to increase sales and profits give a portion of voluntary payments away to charity (and advertise the fact, naturally). That’s the conclusion from a study by researcher Ayelet Gneezy comparing a number of pricing plans involving–in various combinations–voluntary payments, fixed prices and charitable donations: At…