I agree that many donations will be anchored by the default even if they don’t use the default allocation. But donation volume is dominated by a small number of very large transactions, almost alledit: most of which use a completely different allocation (often with 100% going to just one fund).
I roll to disbelieve? Why do you think this? Like, even if there’s slight variation I expect it’s massively anchored on the default allocation.
I agree that many donations will be anchored by the default even if they don’t use the default allocation. But donation volume is dominated by a small number of very large transactions,
almost alledit: most of which use a completely different allocation (often with 100% going to just one fund).Interesting. Thank you very much.