Brain Region May Override Economic Self-Interest


	Brain Region May Override Economic Self-Interest

arifsali

10-6-2006 6:20 PM

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tags:

brain, economics, science, discovery

1 Comment |

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10-6-2006 7:35 PM

invictus

Very interesting article Arif, thanks for sharing.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d8006ffa-1f5b-4003-9d7c-eb96fb72da50/4078966B-4FD3-4F66-B360-E972A8A79285/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php?page=all&p=y" href="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php?page=all&p=y" style="font-size: 11px;">www.seedmagazine.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php?page=all&p=y"><H2 id="articleTitle">
		<A href="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php" class="permalink" id="a000995">Brain Region May Override Economic Self-Interest</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php?page=all&p=y"><P>Economists often use a construct known as "the ultimatum game" in their research: Player one receives an amount of money and must propose a way to split the sum with another player. If player two accepts the offer, both players split the money in the proposed way. If player two rejects the offer, neither player receives any money.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php?page=all&p=y"><P>The game essentially pits the desire for personal economic gain against the desire to punish someone else. Although it is financially advantageous for player two to accept any offer—since some money is better than none—previous research indicates that player two will often reject low offers as a way to punish player one for an unfair division of money.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.seedmagazine.com/news/2006/10/brain_region_may_override_econ.php?page=all&p=y"><P>A collaborative study between Swiss economists and a Harvard University neurologist recently identified a part of the brain that cause us to de-prioritize punishing another player in the ultimatum game. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4078966B-4FD3-4F66-B360-E972A8A79285/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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