Wednesday, 4 March 2009

Greed? Jelaousy?

Read in Swedish magazine about researchers trying to figure out how we show jelaousy and dissapointments. Think it actually was how we use our facial muscles.

The experiment set-up was as:

Person A and B know there are money that they can have. The total amount is known. Person A splits the money. Deciding how much money he (A) will have and how much B will receive.
Then Person B is presented to the split. Person B can accept or reject. If he rejects it none of the two gets any money. If he accepts they get what person A suggested.

A rational decision as B is of course to accept any split where he gets money. As long as he can get more than $0 he is doing ok. He will then have more than he had before the game started.

Apparently the researchers found persons that did not split the money 50/50. And also B-persons that would not accept any "unfair" split.

How would you do?

Would you as person A suggest a 50-50 split? Would you as person B accept any split where you get money?

How would greed, jelaousy, fair-play, tactics, feelings influence you? Would you play differently as B if the split and amount of money was unknown, i.e. you knew only you get money but you do not know how much money A gets?

Do the amount of money influence your thinking. Compare splitting $100 with splitting $1.000.000. Any difference?

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