The Price of Virtue: The Economic Value of the Charitable Sector

A study of the economic value of the charitable sector, seeking to improve upon rudimentary evaluations of the sector in terms of its income. It demonstrates how much charity adds to the economy, and how much good economics can add to charity. The authors adapt techniques for "willingness-to-pay" and "willingness-to-accept" even in apparently intractable cases like that of the homeless. The text should be useful to those working in the charitable sector, for those researching it and for relevant government departments.