Volunteering and charitable giving
Loss Aversion
Understanding loss aversion can help you evaluate the impact of your donations and volunteer work by considering the potential gains and losses associated with each opportunity.
Sunk Cost Fallacy
Knowing the sunk cost fallacy can help you make more informed choices about where to donate your time and money, without feeling obligated to continue supporting a cause based on past contributions.
Similar Situations
Minto Pyramid
Giving feedback: When giving feedback, using Minto Pyramid can help you organize your thoughts and present your feedback in a clear and constructive manner.
Framing Effect
Charity and philanthropy: Being aware of the framing effect can help you evaluate charitable causes and make more effective donations.
Johari Window
Feedback Culture: Giving and receiving constructive criticism to foster growth and improvement.
SCARF Model
Delegating Tasks: Giving employees autonomy and clarity on expectations prevents frustration.
Peak-End Rule
Gift-giving: Selecting meaningful or unique gifts and presenting them in an appealing manner to create a memorable experience for the recipient.
SMART Goals
Volunteering: Creating specific objectives for volunteering activities can lead to greater impact.
Anchoring
Charitable donations: Be mindful of suggested donation amounts and decide how much to give based on your values and financial situation.
Outgroup Homogeneity Bias
Volunteering: Understanding outgroup homogeneity bias can help volunteers better serve diverse communities by being more empathetic and respectful.
In-Group Favoritism
Volunteering: Understanding in-group favoritism can help you work more effectively with diverse groups of people in volunteer settings, treating everyone fairly and without bias.
Ikigai
Volunteering: Applying the concept of Ikigai can help you find volunteer opportunities that resonate with your passions and make a positive impact on the world.