Selfishness, Resentment And Penalization - Deepstash

Selfishness, Resentment And Penalization

If the participants play fairly, each round should provide a reasonable return on investment for each person. Those who are very stingy, however, can game the system by paying very little themselves and reaping the rewards of others’ investments. It’s easy to see how resentments could build. After 10 rounds, the researchers therefore gave the participants the option of penalising other players by deducting some of the income they received.

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xarikleia

“An idea is something that won’t work unless you do.” - Thomas A. Edison

‘Do-gooders’ are often judged harshly. Why do we resent their acts of altruism or question their motives?

The idea is part of this collection:

The Psychology of Money

Learn more about psychology with this collection

How to develop a healthy relationship with money

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The impact of emotions on financial decisions

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