No Matter What We Earn, We Believe Our Richer Neighbors Have More to Give - Deepstash

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No Matter What We Earn, We Believe Our Richer Neighbors Have More to Give

https://insights.som.yale.edu/insights/no-matter-what-we-earn-we-believe-richer-neighbors-have-more-to-give

insights.som.yale.edu

No Matter What We Earn, We Believe Our Richer Neighbors Have More to Give
According to a new study co-authored by Yale SOM’s Gal Zauberman, people of a wide range of income levels believe that they are giving what they should to charity—but that even richer people have more spare income and a greater obligation to give.

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We think rich people should be more generous

We think rich people should be more generous

Most of us believe if we earned a bit more money, we'd have more free money to give. But the wealthier people get, the more expenses they accumulate, meaning there is not that much "spare" income.

The result is that we often pass the buck, thinking that the wealthier people, or our future, richer selves, will have the capacity to give.

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A mismatch between income and perception

When we think wealthier people should donate more, we are essentially looking at our own lifestyle and comparing it to their income. We think they have abundance even if they don't feel that abundance.

The point is that everybody feels constraint to give. It's about prioritizing and giving according to your own moral standards.

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