Nikos Nikiforakis

In this engaging discussion, economist Jim Andreoni, behavioral economist Jan Stoop, and Nikos Nikiforakis delve into the surprising dynamics of wealth and generosity. They explore groundbreaking research that challenges the notion that the rich are inherently less altruistic. By conducting an innovative field experiment involving misdelivered envelopes, they reveal that wealthier households actually returned more envelopes than poorer ones. The conversation also highlights how financial stress may diminish the returns of the less wealthy, reshaping understandings of generosity.