Thread by @JessieSunPsych

#SPSP2022 In collaboration with @TEDTalks "mystery experiment", @DunnHappyLab studied the effects of giving $10,000 to 200 people to spend however they wanted (plus 100 in no-$ control condition). Really striking findings!! 1/n

Money does buy happiness (even 3 months after the money has been spent)! #SPSP2022 2/n

Red bars = how much life satisfaction $2 mil would have provided a millionaire couple; Blue bars = life satisfaction gains from redistributing that to 200 people ($10,000 each). Love this visualization/effect size quantification!! #SPSP2022 3/n

Wowwwwwww. Super-sized version of the dictator game: People spent an average of $6,431 of their $10,000 endowment on others!!!!! People are generous, even when the stakes are high. (Even when "others" are restricted to strangers/causes, still around $3,000). #SPSP2022 4/n

Participants who were in the public condition (instructed to Tweet about their experience, including gathering opinions on how the $ should be spent) spent similar amounts as those in the private conditions. So reputation concerns didn't seem to increase generosity. #SPSP2022 5/5