Forgot your password?
typodupeerror

Submission Summary: 0 pending, 3 declined, 0 accepted (3 total, 0.00% accepted)

Biotech

+ - Robin Hood Impulse Found in Humans->

Submitted by
Debello
Debello writes "From the article: "A pioneering experiment by an American team suggests that people will spend their own money to make the rich less rich and the poor less poor. They do so without any hope of personal gain, acting, it seems, out of a taste for equality and sense of fair play.... A total of 120 volunteers took part over six sessions, playing the game five times in groups of four. Group composition changed with each game and players' game histories did not follow them. In other words, reputation and retribution were not allowed to play a role. Participants were randomly allocated different sums of money. They were shown what each player got and presented with a choice to do nothing and maintain the (unequal) status quo or to reduce their own real takeaway pay by one monetary unit in order to either increase or reduce another player's income by three units." http://www.telegraph.co.uk/connected/main.jhtml?xm l=/connected/2007/04/12/echood12.xml"
Link to Original Source

If a camel is a horse designed by a committee, then a consensus forecast is a camel's behind. -- Edgar R. Fiedler

Working...