Pragma Synesi – interesting bits

Compendium of interesting bits I come across, with an occasional IMHO

Irrational about money

Michael Shermer’s blog about money (“Why People Believe Weird Things About Money“) describes how people would choose less money over more as long as the less money is more than someone else would get.  The article also describes how this “irrational” trait has been observed in monkeys too, suggesting that it is a behaviour that evolved pre-humans.  A very worthwhile read.

I found one of the responses (reproduced below) questioning the “irrational” label of this trait, highly entertaining:

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January 24, 2008 Posted by | behaviour, decision making, evolutionary psychology, neuroeconomics, neuroscience | Leave a comment