As soon as funds become available? At set time intervals? After saving, accumulating interest, and waiting for a potentially larger than normal impact period?
To answer this, you would need optimal stopping time models of the utility obtained from giving vs. the utility obtained from other ventures with the money.
What is the optimal time to donate to a charity?
As soon as funds become available? At set time intervals? After saving, accumulating interest, and waiting for a potentially larger than normal impact period?
To answer this, you would need optimal stopping time models of the utility obtained from giving vs. the utility obtained from other ventures with the money.