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The evaluability bias in charitable giving: Saving administration costs or saving lives?

Abstract:

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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Institution:
University of Oxford
Department:
Oxford, MSD, Experimental Psychology
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Institution:
University of Oxford
Department:
Oxford, MSD, Experimental Psychology
More by this author
Institution:
University of Oxford
Department:
Oxford, MSD, Experimental Psychology
More by this author
Institution:
University of Oxford
Department:
Oxford, Uehiro Centre for Practical Ethics
More by this author
Institution:
University of Oxford
Department:
Oxford, Uehiro Centre for Practical Ethics
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Oxford Martin School More from this funder
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:
1930-2975
ISSN:
1930-2975
URN:
uuid:7ac37d87-e51d-4689-ac33-071d579cfc4a
Source identifiers:
477895
Local pid:
pubs:477895

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