Each year during the holiday season, soup kitchens and charities alike are flooded with offers to volunteer. But is a donation of your time most beneficial to the charity, or would a financial contribution provide more value? Researchers from Portland State University and Texas A&M University wondered what drives volunteering -- especially when a monetary donation would have more impact. Their study, "Why Do People Volunteer? An Experimental Analysis of Preferences for Time Donations," was published in this spring in the journal Management Science.
