The limits of monetizing and paying for volunteering in eldercare : a behavioral-economic approach

Kehl, Konstantin; Stahlschmidt, Stephan

doi:10.1007/s11266-015-9657-0

Publication type:	Article in scientific journal
Type of review:	Peer review (publication)
Title:	The limits of monetizing and paying for volunteering in eldercare : a behavioral-economic approach
Authors:	Kehl, Konstantin Stahlschmidt, Stephan
et. al:	No
DOI:	10.1007/s11266-015-9657-0
Published in:	VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations
Volume(Issue):	27
Issue:	2
Page(s):	768
Pages to:	789
Issue Date:	2016
Publisher / Ed. Institution:	Springer
ISSN:	0957-8765 1573-7888
Language:	English
Subjects:	Volunteering; Informal care; Monetary valuation; Well-being; Incentive
Subject (DDC):	361.763: Nonprofit organization
Abstract:	The monetary value of informal eldercare in the family and voluntary sector has drawn much attention as it concerns a resource of welfare governments and nonprofit organizations try to activate via cash benefits. Studies addressing the issue in order to assess the economic impact of non-market activities and the willingness to accept financial rewards have largely ignored differences in the utility function of caregivers. Applying a behavioral-economic approach, we report a profound and formerly unobserved distinction between care in the household and non-household care for a family member or in a voluntary framework: whereas caregivers within the household perceive care as a burden and a positive shadow price arises, in the non-household context—and particularly in the volunteering case–care extends well-being and leads to negative shadow prices. The results show that non-market activities can only be measured in monetary terms to a limited extent and contribute to explaining the boundaries of monetary incentive policies.
URI:	https://digitalcollection.zhaw.ch/handle/11475/26559
Fulltext version:	Published version
License (according to publishing contract):	Licence according to publishing contract
Departement:	Social Work
Organisational Unit:	Institute of Management and Social Policy (ISM)
Appears in collections:	Publikationen Soziale Arbeit

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Kehl, K., & Stahlschmidt, S. (2016). The limits of monetizing and paying for volunteering in eldercare : a behavioral-economic approach. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, 27(2), 768–789. https://doi.org/10.1007/s11266-015-9657-0

Kehl, K. and Stahlschmidt, S. (2016) ‘The limits of monetizing and paying for volunteering in eldercare : a behavioral-economic approach’, VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, 27(2), pp. 768–789. Available at: https://doi.org/10.1007/s11266-015-9657-0.

K. Kehl and S. Stahlschmidt, “The limits of monetizing and paying for volunteering in eldercare : a behavioral-economic approach,” VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, vol. 27, no. 2, pp. 768–789, 2016, doi: 10.1007/s11266-015-9657-0.

KEHL, Konstantin und Stephan STAHLSCHMIDT, 2016. The limits of monetizing and paying for volunteering in eldercare : a behavioral-economic approach. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations. 2016. Bd. 27, Nr. 2, S. 768–789. DOI 10.1007/s11266-015-9657-0

Kehl, Konstantin, and Stephan Stahlschmidt. 2016. “The Limits of Monetizing and Paying for Volunteering in Eldercare : A Behavioral-Economic Approach.” VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations 27 (2): 768–89. https://doi.org/10.1007/s11266-015-9657-0.

Kehl, Konstantin, and Stephan Stahlschmidt. “The Limits of Monetizing and Paying for Volunteering in Eldercare : A Behavioral-Economic Approach.” VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, vol. 27, no. 2, 2016, pp. 768–89, https://doi.org/10.1007/s11266-015-9657-0.