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• Case | HBS Case Collection | 2013

  Progress Energy and Duke Energy (A)

  Guhan Subramanian and Charlotte Krontiris

  Just as Duke Energy and Progress Energy announce their merger, forming the largest utility company in the United States, a nuclear reactor owned by Progress suffers major damage and must be taken offline. The CEO of the new company, Duke head Jim Rogers, must decide whether to repair or retire the broken reactor. This difficult decision is set against a background of deepening crisis as Duke copes with a regulatory investigation, an insurance impasse, and growing doubts about Progress's leadership.

  Keywords: Duke; Progress; nuclear energy; negotiation; Energy Industry;

  Citation:

  Subramanian, Guhan, and Charlotte Krontiris. "Progress Energy and Duke Energy (A)." Harvard Business School Case 913-042, May 2013.

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• Supplement | HBS Case Collection | 2013

  Progress Energy and Duke Energy (B)

  Guhan Subramanian and Charlotte Krontiris

  Keywords: Duke; Progress; nuclear energy; negotiation;

  Citation:

  Subramanian, Guhan, and Charlotte Krontiris. "Progress Energy and Duke Energy (B)." Harvard Business School Supplement 913-043, May 2013.

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• Article | Journal of Economic Behavior & Organization | April 2013

  Making a Difference Matters: Impact Unlocks the Emotional Benefits of Prosocial Spending

  Lara B. Aknin, Elizabeth W. Dunn, Ashley V. Whillans, Adam M. Grant and Michael I. Norton

  When does giving lead to happiness? Here, we present two studies demonstrating that the emotional benefits of spending money on others (prosocial spending) are unleashed when givers are aware of their positive impact. In Study 1, an experiment using real charitable appeals, giving more money to charity led to higher levels of happiness only when participants gave to causes that explained how these funds are used to make a difference in the life of a recipient. In Study 2, participants were asked to reflect upon a time they spent money on themselves or on others in a way that either had a positive impact or had no impact. Participants who recalled a time they spent on others that had a positive impact were happiest. Together, these results suggest that highlighting the impact of prosocial spending can increase the emotional rewards of giving.

  Keywords: prosocial spending; prosocial impact; subjective well being; happiness; donations;

  Citation:

  Aknin, Lara B., Elizabeth W. Dunn, Ashley V. Whillans, Adam M. Grant, and Michael I. Norton. "Making a Difference Matters: Impact Unlocks the Emotional Benefits of Prosocial Spending." Journal of Economic Behavior & Organization 88 (April 2013): 90–95.

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