Thursday, November 1, 2012

My Favorite Game

The economic game that I find most interesting is the trust game. I find it fascinating how easily people's trust can be swayed based on subtle information. It also shows how quickly people can judge others when all they know about them is a tiny bit of information about them. It can also reveal innate discrimination within individuals, whether it's racial, gender, or others, especially when paired with an fMRI.

I also think it's amusing that you can throw in a punishment aspect to the game. It's interesting to see how a participant's decisions can change when given such a power to punish others. I think it can partially reveal the innate natures of people, whether they are naturally generous or greedy people. Also, also enjoy the trust game because it is so easily manipulated. With larger sums of money, are people more or less ready to invest in someone else given a certain level of trust?

No comments:

Post a Comment