Campaign finance laws that make small donations public maylead to fewer people contributing and to smaller donations.

La Raja, R. (2015). Campaign finance laws that make small donations public maylead to fewer people contributing and to smaller donations.
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In the American states, campaign finance laws require disclosure of private information for contributors at relatively low thresholds ranging from $1 to $300. The Internet has made it relatively easy to publicize such information in a way that changes the social context for political participation. Ray La Raja looks at how public disclosure of campaign contributions affects citizens’ willingness to give money to candidates. Drawing on social influence theory, his analysis suggests that citizens are sensitive to divulging private information, especially those who are surrounded by people with different political views. He shows that individuals refrain from making small campaign contributions or reduce their donations to avoid disclosing their identities.

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