I can see a possibility that I would donate less after making a 10% pledge than I would with no pledge, because the 10% would anchor my donations downward. I would prefer to make no commitment than to commit 10%. Hopefully future me is self-aware enough to avoid this sort of anchoring, but it’s a pretty strong bias that happens even when you know it’s happening.
I can see a possibility that I would donate less after making a 10% pledge than I would with no pledge, because the 10% would anchor my donations downward. I would prefer to make no commitment than to commit 10%. Hopefully future me is self-aware enough to avoid this sort of anchoring, but it’s a pretty strong bias that happens even when you know it’s happening.