Powerful philanthropic practices give you a better chance of making a difference. At the Intersection of Altruism and Economics is impact. Make the most of your charitable donations and make a difference…
Humans are such complex creatures. Although we want to think we behave rationally, much research shows we are prone to irrationality. It even impacts the way we donate. There are gifts that inspire donations.
This quiz question is about how people donate. It is a part of Dan Ariely’s “Irrational Game.”
Here is the scenario.
Researchers entered participants in a lottery for $95. Before the players learned the outcome of the lottery they decided how much of their potential winnings they would like to donate to Save-the-Children Foundation.
Researchers told half of the participants they would get a thank-you tote bag with a Save-the-Children logo, while they didn’t offer the other half anything in return.
Question
Did participants who were offered a thank-you gift donate more?
What is effective altruism? The intersection of altruism and economics. You’ve seen the commercials. Eyes glistening, the puppy gazes at the camera with a “Don’t let me die here” expression. If you…