Altruism, Emotions, and Risk Preference

Last registered on January 22, 2026

Pre-Trial

Trial Information

General Information

Title
Altruism, Emotions, and Risk Preference
RCT ID
AEARCTR-0017664
Initial registration date
January 15, 2026

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
January 22, 2026, 6:55 AM EST

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

Region

Primary Investigator

Affiliation
University of Oulu

Other Primary Investigator(s)

PI Affiliation
Aalto University
PI Affiliation
University of Oulu

Additional Trial Information

Status
Completed
Start date
2026-01-19
End date
2026-01-21
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
We run an online randomized controlled experiment to test whether altruism priming influences risk preferences and whether emotions mediate this relationship. Participants are recruited online and randomly assigned (1:1) to view either a short altruism-inducing video or a neutral control video. Immediately afterward, participants report state emotions (including happiness, sadness, fear/worry, anger, and guilt). Participants then complete two risk measures: a general self-reported willingness to take risks and a monetary staircase lottery task used to construct a risk index. We will analyze treatment effects on risk outcomes and estimate mediation through emotions using a pre-specified analysis plan.
External Link(s)

Registration Citation

Citation
Abdalhafez, Islam, Andrew Conlin and Petri Sahlström. 2026. "Altruism, Emotions, and Risk Preference." AEA RCT Registry. January 22. https://doi.org/10.1257/rct.17664-1.0
Experimental Details

Interventions

Intervention(s)
Participants are randomly assigned to watch one of two short videos. The treatment video is designed to activate an altruism/prosocial mindset, while the control video is neutral in content. All participants then complete the same follow-up survey measures and incentivized decision tasks.
Intervention (Hidden)
Treatment arm (Altruism prime): Participants view a 57-second altruism-inducing video clip depicting prosocial content intended to activate an altruistic mindset.
Control arm: Participants view a 57-second neutral video clip matched in length and format but without prosocial content.
Implementation: Individual-level random assignment (1:1) is implemented by the Qualtrics randomizer. Immediately after the video, participants complete two instructional attention checks (“Please select Correct”; “Please type 20”). Participants then report state emotions on 0–100 sliders (anger, fear, happiness, sadness, guilt; order randomized). Before the risk elicitation begins, participants receive the incentive rule. Risk preferences are measured using (i) a 0–10 self-reported general willingness to take risks and (ii) a five-question monetary staircase lottery module. After the risk task, participants answer. altruism items (willingness to give to good causes 0–10; hypothetical €1,000 donation amount) to assess persistence of the prime and work as manipulation check, followed by demographics and personality traits.
Incentives: Participants receive a fixed participation payment. In addition, 10% of participants are randomly selected to receive a bonus based on the risk task. For selected participants, one staircase decision is randomly selected for payment, and the bonus equals 1% of the realized monetary payoff from that selected decision (e.g., €100 payoff → €1 bonus). The incentive rule is shown immediately before the risk task.
Intervention Start Date
2026-01-19
Intervention End Date
2026-01-21

Primary Outcomes

Primary Outcomes (end points)
Average of standardized subjective risk (0–10) and standardized staircase risk measure.
Primary Outcomes (explanation)
We form a weighted average of our two measures of risk tolerance using weights of 47.3% for self-assessed risk tolerance and 52.7% for the lottery-based task, with the weights coming from the Global Preference Survey of Falk et al. (2016, 2018)

Secondary Outcomes

Secondary Outcomes (end points)
State emotions measured happiness, fear, anger, guilt.
Altruism Index
Secondary Outcomes (explanation)
Emotion variables are recorded on 0–100 sliders. Based on Meier, (2022), a “net happiness” index will be constructed as ((Happiness − Sadness)/2) + 50 to retain a 0–100 range. The post-task altruism index follows the Falk et al.(2016, 2018) GPS (willingness to give and hypothetical donation).

Experimental Design

Experimental Design
Online controlled trial with two arms. Participants are randomly assigned (1:1) to watch either an altruism-inducing video or a neutral control video. After exposure, participants report state emotions and then complete standardized measures of risk preferences, including a self-reported risk item and a monetary lottery-based staircase task. The primary outcome is the risk preference index from the staircase task and subjective risk measure; emotions are analyzed as mediators.
Experimental Design Details
Randomization Method
Individual-level random assignment is implemented by Qualtrics’ built-in randomizer with equal probability (1:1) to the altruism video prime or the neutral control video.
Randomization Unit
Individual participant (online subject).
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
1000 individuals (individual-level randomization; no higher-level clusters)
Sample size: planned number of observations
1000 participants
Sample size (or number of clusters) by treatment arms
Altruism group: 500 participants; Control: 500 participants
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Planned sample size is N = 1,000 (500 per arm). Using the pilot estimate for the primary composite risk index (pooled SD ≈ 0.735), the minimum detectable effect (two-sided α = 0.05, 80% power) is equals approximately 0.125 SD.
IRB

Institutional Review Boards (IRBs)

IRB Name
IRB Approval Date
IRB Approval Number

Post-Trial

Post Trial Information

Study Withdrawal

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Intervention

Is the intervention completed?
No
Data Collection Complete
Data Publication

Data Publication

Is public data available?
No

Program Files

Program Files
Reports, Papers & Other Materials

Relevant Paper(s)

Reports & Other Materials