Saved by Kat Fergerson
Bumped: The Effects of Stock Ownership on Individual Spending
Because the study used real commodities and real money, the results hold implications for everyday decisions, as well as implications for the development of theory. For example, economic theories of spending may benefit from incorporating psychological theories—specifically, theories of emotion and the self—into their models.
Article
Framing matters a lot. Spending for the benefit of the group feels a lot better than spending solely for yourself. People ideally want both.