Donors vastly underestimate differences in charities' effectiveness
Some charities are much more cost-effective than other charities, which means that they can save many more lives with the same amount of money. Yet most donations do not go to the most effective charities. Why is that? We hypothesized that part of the reason is that people underestimate how much mor...
Main Authors: | Lucius Caviola, Stefan Schubert, Elliot Teperman, David Moss, Spencer Greenberg, Nadira S. Faber |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2020-07-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/20/200504/jdm200504.pdf |
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