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The Braggarts Dilemma

June 25, 2015 / 06:19

This episode discusses philanthropy, the effects of bragging on reputation, and the relationship between self-interest and altruism. Key topics include how generous acts are perceived, the benefits of bragging, and the impact of financial incentives on charitable giving.

The guest explains that while altruism is often seen as selfless, generous actions can yield personal benefits such as tax breaks and enhanced reputation. The discussion highlights a study showing that bragging can either enhance or harm a person's reputation depending on their existing image.

In a specific experiment, the guest describes how an investment banker benefited from bragging about volunteering, while a social worker did not, illustrating that bragging provides new information when the individual's reputation is not already generous.

The episode also touches on the prevalence of public displays of generosity and how social media has changed the way people share their charitable actions. The guest emphasizes the strategic nature of bragging and its implications for fundraising.

Finally, the conversation shifts to how financial incentives can influence altruistic behavior, revealing that donors may give less when they perceive a lack of sincerity in the pitch due to the presence of incentives.

TL;DR

Bragging about generosity can enhance reputation if the individual is not already seen as generous, but financial incentives may reduce donor contributions.

Episode

6:19
00:00:05
i study philanthropy
00:00:06
both what causes people to behave
00:00:08
generously and how generous acts
00:00:10
are perceived by others especially in
00:00:13
light of the fact that oftentimes when
00:00:14
people behave generously
00:00:16
they reap some benefits in return and
00:00:19
those benefits come in different forms
00:00:21
so we receive tax breaks when we give to
00:00:23
charity we earn reputational benefits
00:00:26
for being perceived as a generous person
00:00:28
which is valued in our society
00:00:30
and we reap emotional benefits feels
00:00:32
good to help others
00:00:33
and so this is kind of a contradiction
00:00:35
because altruism generosity in its
00:00:37
purest form
00:00:38
is supposed to be selfless and yet we
00:00:40
benefit from it
00:00:46
in this paper we look at what happens
00:00:48
when people brag about or advertise
00:00:50
their good deeds to others
00:00:52
we ask the question of whether and when
00:00:54
bragging is effective
00:00:55
and the answer is really that it depends
00:00:58
on the one hand bragging signals a
00:01:00
selfish motive for behaving generously
00:01:02
it signals that perhaps the person
00:01:05
behave generously not because they're
00:01:06
truly a good person who cares
00:01:08
but because they wanted to earn credit
00:01:10
for for being a generous person
00:01:12
and so in that sense bragging shouldn't
00:01:14
help your reputation if others realize
00:01:16
that or
00:01:17
others perceive you as doing it for a
00:01:19
ulterior motive
00:01:21
on the other hand bragging is just
00:01:23
marketing it's providing information if
00:01:26
nobody knows that you did a good
00:01:27
good deed then you don't get any credit
00:01:29
at all and so to the extent that
00:01:31
bragging provides new information about
00:01:33
your generous behavior
00:01:34
bragging should enhance your reputation
00:01:36
as a generous person
00:01:41
so through a series of controlled
00:01:43
experiments we're able to
00:01:44
tease apart or disentangle the different
00:01:46
sorts of effects that bragging has
00:01:48
on a person's reputation and the key
00:01:51
finding
00:01:51
is that bragging only pays in situations
00:01:54
for which bragging provides
00:01:56
new news so if a person's reputation is
00:01:59
not so generous
00:02:00
bragging can help by providing
00:02:02
information that the person has behaved
00:02:04
generously but if a person's reputation
00:02:07
is already generous
00:02:08
then bragging doesn't provide any new
00:02:10
information it only signals
00:02:12
that the motive isn't pure that the
00:02:14
motive is is to improve one's reputation
00:02:21
so we found this pattern in a number of
00:02:23
ways in one study that i like in
00:02:24
particular
00:02:25
we described a person who volunteered
00:02:28
for a community service organization
00:02:30
and then in some cases they subsequently
00:02:33
posted on facebook telling their social
00:02:35
network that they had done this
00:02:36
volunteering
00:02:38
now one thing we did in the study was we
00:02:39
varied whether this individual
00:02:41
was an investment banker or was a social
00:02:44
worker
00:02:45
now investment bankers don't have the
00:02:47
kindest warmest
00:02:48
reputation in fact they're perceived to
00:02:50
be pretty selfish
00:02:52
whereas social workers are perceived to
00:02:53
be generous warm people
00:02:55
and so somewhat surprisingly we found
00:02:58
that
00:02:59
bragging actually paid for the
00:03:00
investment banker
00:03:02
by providing new information so when the
00:03:04
investment banker brags people learn
00:03:06
that in fact
00:03:07
he's a bit generous after all whereas
00:03:10
the social worker has already thought to
00:03:11
be generous
00:03:12
and so bragging doesn't pay for the in
00:03:14
the case of the social worker
00:03:20
well public displays of generosity are
00:03:22
ubiquitous
00:03:24
nearly every new building on a
00:03:25
university campus
00:03:27
hospitals and in the arts is emblazoned
00:03:30
with the name of some illustrious
00:03:31
donor who's signaling to the world just
00:03:33
how generous they are
00:03:35
now this these forms of boasts are not
00:03:37
just the purview of the super rich
00:03:40
in fact if you look around on social
00:03:42
media you'll note just how pervasive
00:03:43
bragging is
00:03:45
so people advertise or brag about their
00:03:47
achievements
00:03:48
they brag about their relationships and
00:03:50
they brag about their good deeds
00:03:52
and so our research sheds some light on
00:03:54
whether this is actually strategically
00:03:56
smart or in what cases it's
00:03:58
strategically smart to brag and what we
00:04:00
find is that it makes sense to brag in
00:04:03
the cases
00:04:03
for which bragging provides new news
00:04:06
about a person's character
00:04:07
if a person's reputation is already
00:04:09
thought to be generous
00:04:11
then bragging fails to to provide any
00:04:14
benefit and only signals a potentially
00:04:16
selfish motive
00:04:21
this research has other implications as
00:04:23
well so a reluctance to brag by some
00:04:26
individuals may actually be a hindrance
00:04:28
for fundraising
00:04:30
a very generous person may want to keep
00:04:33
their donations and other good acts
00:04:35
private so that it's they can signal to
00:04:37
themselves that their motives are pure
00:04:40
however we know that one of the best
00:04:41
ways to fundraise is by telling other
00:04:43
people of
00:04:44
of your own donations when you tell a
00:04:46
friend about your donations
00:04:48
that inspires them to donate as well and
00:04:50
so this really gets at the conflict
00:04:52
between doing the most good possible and
00:04:55
appearing the most good
00:05:01
so beyond studying how selfish motives
00:05:03
are perceived by others
00:05:04
i also investigate how selfish
00:05:06
incentives influence altruistic
00:05:08
behavior in a recent study we asked
00:05:11
people to make a pitch on video
00:05:13
advocating a co for a cause that they
00:05:15
care about
00:05:17
now after they agreed to do this we gave
00:05:19
some of them
00:05:20
a financial incentive we told them that
00:05:22
for every ten dollars donated
00:05:24
based on somebody watching their video
00:05:26
we would also send them ten dollars in
00:05:28
return
00:05:30
other participants receive no such
00:05:31
incentive and what we thought was really
00:05:34
informative
00:05:35
we found that donors gave less money on
00:05:38
average
00:05:38
when they viewed a video made by
00:05:40
somebody who had received a financial
00:05:42
incentive
00:05:43
and this is because even though they
00:05:45
were unaware that the incentive exists
00:05:47
they can detect the sincerity and the
00:05:49
self-interest of an incentive
00:05:51
taints the person's ability to convey
00:05:54
sincerity in their pitch
00:06:18
you

Episode Highlights

  • The Paradox of Generosity
    Generosity often comes with personal benefits, creating a contradiction in altruism.
    “Altruism in its purest form is supposed to be selfless, yet we benefit from it.”
    @ 00m 33s
    June 25, 2015
  • Bragging and Reputation
    Bragging can enhance reputation if it provides new information about generous behavior.
    “Bragging signals a selfish motive for behaving generously.”
    @ 00m 58s
    June 25, 2015
  • The Impact of Financial Incentives
    Financial incentives can undermine the perceived sincerity of altruistic pitches.
    “The incentive taints the person's ability to convey sincerity in their pitch.”
    @ 05m 51s
    June 25, 2015

Episode Quotes

  • It feels good to help others.
    The Braggarts Dilemma
  • Bragging only pays in situations for which bragging provides new news.
    The Braggarts Dilemma

Key Moments

  • Philanthropy Study00:05
  • Generosity Perception00:08
  • Bragging Benefits00:46
  • Selfish Motives05:03

Words per Minute Over Time

Vibes Breakdown

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