DOBROVOĽNÉ PRÍSPEVKY NA VEREJNÉ STATKY: SPOLOČENSKOEKONOMICKÉ SÚVISLOSTI A VÝZNAM OBČIANSKEHO CROWDFUNDINGU

• Authors: Sirakovová Eva , Čaplánová Anetta

Title variants

EN

Voluntary contributions to public goods: Socio-economic implications and the role of civic crowdfunding

• Languages of publication: SK

Abstracts

EN

The penetration of the behavioural approach to economic models and policymaking has recently become relatively widespread. It has also affected the area of financing and provision of public goods, as in the current economically complex situation brought forward also the question whether public goods and services can also be financed by the private sector. The aim of the article is to provide an overview of alternative mechanisms of financing of public goods with a particular emphasis on the voluntary contribution mechanism (VCM) and explain which factors motivate people to voluntarily contribute to the financing of publicly beneficial projects. We examine behavioural and sociological factors such as altruism, reciprocity and conditional cooperation and their relevance for the decision of individuals to contribute to financing of public goods. One of the existing alternatives is civic crowdfunding, which provides an institutional mechanism for individual voluntary contributions to publicly beneficial projects. We study also its potential and limitations.

Keywords

EN

PUBLIC GOODS; PRIVATE FINANCING; BEHAVIOURAL ECONOMICS; CIVIC CROWDFUNDING

• Publisher: Institute of Sociology, Slovak Academy of Sciences
• Journal: Sociológia (Sociology)
• Year: 2023
• Volume: 55
• Issue: 3
• Pages: 341 – 365

Contributors

author

Sirakovová Eva

• Národohospodárska fakulta, Ekonomická univerzita v Bratislave, Dolnozemská cesta 1, 852 35 Bratislava, Slovak Republic

author

Čaplánová Anetta

Identifiers

DOI

https://doi.org/10.31577/sociologia.2023.55.3.13