Journal article
The evaluability bias in charitable giving: Saving administration costs or saving lives?
- Abstract:
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We describe the ``evaluability bias'': the tendency to weight the importance of an attribute in proportion to its ease of evaluation. We propose that the evaluability bias influences decision making in the context of charitable giving: people tend to have a strong preference for charities with low overhead ratios (lower administrative expenses) but not for charities with high cost-effectiveness (greater number of saved lives per dollar), because the former attribute is easier to evaluate than...
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- Publication status:
- Published
- Peer review status:
- Peer reviewed
- Version:
- Publisher's version
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(pdf, 190.9KB)
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Authors
Funding
Oxford Martin School
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Bibliographic Details
- Publisher:
- Society for Judgment and Decision Making
- Journal:
- Judgment and Decision Making Journal website
- Volume:
- 9
- Issue:
- 4
- Pages:
- 303-315
- Publication date:
- 2014-07-31
- EISSN:
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1930-2975
- ISSN:
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1930-2975
- URN:
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uuid:7ac37d87-e51d-4689-ac33-071d579cfc4a
- Source identifiers:
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477895
- Local pid:
- pubs:477895
Item Description
- Language:
- English
- Keywords:
Terms of use
- Copyright date:
- 2014
- Notes:
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Copyright: © 2014 Caviola et al license this article under the terms of
the Creative Commons Attribution 3.0 License. The original article can be found at http://journal.sjdm.org/14/14402a/jdm14402a.html#note2
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