Research Data

Data for: Differences in Prosocial Behavior Regarding Decisions About how to Allocate Money and Time are due to Decision-Makers’ Characteristics

Author(s) / Creator(s)

Leder, Johannes
Pastukhov, Alexander
Schütz, Astrid

Abstract / Description

Data for the experiment carried out on Mturk April - May 2020.
Datasets for: Leder, J., Pastukhov, A., & Schütz, A. (2020). Sharing with a stranger: people are more generous with time than money. Comprehensive Results in Social Psychology, 4(2), 109–138. https://doi.org/10.1080/23743603.2020.1831377
With the present study, we tested whether generosity changes dependent on money or time being shared. During the experiment, participants N = 371 (MAge = 37.5 years, 38.8% female) completed questionnaires measuring social value orientation, moral identity centrality, and honesty-humility. The opportunity cost of time spent on a real effort task was measured with an incentivized method. Then, participants played two versions of a dictator game: either in a standard dictator game, where participants could share payoffs from the real effort task; or in a time dictator game, where participants decided how long they want to work for another participant’s payoff. We tested three hypotheses. (a) Time and money are not equivalent, and participants are more generous with time than with money. (b) Giving time results in higher positive affect than giving money. (c) Participants’ social value orientation, moral identity centrality, and honesty-humility explain the difference between the donations of time and money, and personality traits will have a stronger impact on time decisions than on monetary decisions. We found that approximately 50% of participants were more generous when giving time, this effect was not dependent on the opportunity cost of time. We think that our experiment is the first experiment to unambiguously show this effect. Furthermore, generosity was not related to positive affect and we found no moderating effect of personality traits.

Keyword(s)

social preferences social value orientation allocation decisions time is money interpersonal choice individual differences

Persistent Identifier

Date of first publication

2020-09-15

Publisher

PsychArchives

Is referenced by

Citation

Leder, J., Pastukhov, A., & Schütz, A. (2020). Data for: Differences in Prosocial Behavior Regarding Decisions About how to Allocate Money and Time are due to Decision-Makers’ Characteristics. PsychArchives. https://doi.org/10.23668/PSYCHARCHIVES.3472
  • Author(s) / Creator(s)
    Leder, Johannes
  • Author(s) / Creator(s)
    Pastukhov, Alexander
  • Author(s) / Creator(s)
    Schütz, Astrid
  • PsychArchives acquisition timestamp
    2020-09-15T15:17:21Z
  • Made available on
    2020-09-15T15:17:21Z
  • Date of first publication
    2020-09-15
  • Abstract / Description
    Data for the experiment carried out on Mturk April - May 2020.
    en
  • Abstract / Description
    Datasets for: Leder, J., Pastukhov, A., & Schütz, A. (2020). Sharing with a stranger: people are more generous with time than money. Comprehensive Results in Social Psychology, 4(2), 109–138. https://doi.org/10.1080/23743603.2020.1831377
    en
  • Abstract / Description
    With the present study, we tested whether generosity changes dependent on money or time being shared. During the experiment, participants N = 371 (MAge = 37.5 years, 38.8% female) completed questionnaires measuring social value orientation, moral identity centrality, and honesty-humility. The opportunity cost of time spent on a real effort task was measured with an incentivized method. Then, participants played two versions of a dictator game: either in a standard dictator game, where participants could share payoffs from the real effort task; or in a time dictator game, where participants decided how long they want to work for another participant’s payoff. We tested three hypotheses. (a) Time and money are not equivalent, and participants are more generous with time than with money. (b) Giving time results in higher positive affect than giving money. (c) Participants’ social value orientation, moral identity centrality, and honesty-humility explain the difference between the donations of time and money, and personality traits will have a stronger impact on time decisions than on monetary decisions. We found that approximately 50% of participants were more generous when giving time, this effect was not dependent on the opportunity cost of time. We think that our experiment is the first experiment to unambiguously show this effect. Furthermore, generosity was not related to positive affect and we found no moderating effect of personality traits.
    en
  • Review status
    unknown
    en
  • Sponsorship
    The Journal Comprehensive Results in Social Psychology (CRSP) and the Leibniz Institute for Psychology Information (ZPID) provided the funding for the data collection.
    en
  • Citation
    Leder, J., Pastukhov, A., & Schütz, A. (2020). Data for: Differences in Prosocial Behavior Regarding Decisions About how to Allocate Money and Time are due to Decision-Makers’ Characteristics. PsychArchives. https://doi.org/10.23668/PSYCHARCHIVES.3472
    en
  • Persistent Identifier
    https://hdl.handle.net/20.500.12034/3087
  • Persistent Identifier
    https://doi.org/10.23668/psycharchives.3472
  • Language of content
    eng
  • Publisher
    PsychArchives
    en
  • Is referenced by
    https://doi.org/10.1080/23743603.2020.1831377
  • Is related to
    https://doi.org/10.23668/psycharchives.2780
  • Is related to
    https://doi.org/10.23668/psycharchives.3473
  • Is related to
    https://doi.org/10.1080/23743603.2020.1831377
  • Keyword(s)
    social preferences
    en
  • Keyword(s)
    social value orientation
    en
  • Keyword(s)
    allocation decisions
    en
  • Keyword(s)
    time is money
    en
  • Keyword(s)
    interpersonal choice
    en
  • Keyword(s)
    individual differences
    en
  • Dewey Decimal Classification number(s)
    150
  • Title
    Data for: Differences in Prosocial Behavior Regarding Decisions About how to Allocate Money and Time are due to Decision-Makers’ Characteristics
    en
  • DRO type
    researchData
    en