Raising the Bar: The Role of ‘Social Information’ in Charitable Giving – Knowledge@Wharton – “Our primary result is that social information can influence contributions,” the researchers write. Those members who were told that another donor had contributed $300 gave an average contribution of $119.70 while those in the same group who were not told about…more
bookofjoe: BehindTheMedspeak: The more you forget, the better your memory – “‘Until now, it’s been assumed that people with high capacity visual working memory had greater storage but actually, it’s about the bouncer–a neural mechanism that controls what information gets into awareness.’ In other words, it’s not your memory capacity that makes your recall good…more
Marginal Revolution: Pledge Drive – why hold a pledge drive: “Efficiency says that goods with zero marginal cost should have a zero price but without prices not only is the incentive to produce diminished but so is information about what to produce…Thus, to decide how much to invest in this venture we markup donations to…more
nomo zilla – why someone might leave a successful company…”And there’s another factor involved, which is that you can divide our industry into two kinds of people: those who want to go work for a company to make it successful, and those who want to go work for a successful company. Netscape’s early success and…more