Jillian Eichel, our Chicago friend at the The Wright Institute sent us this item. Useful. Our understanding is that most of these perceptions take place in milliseconds and largely unconsciously. It’s not that individual women “decide” consciously to do these things or act these ways but instinctively their brains evolved to react these ways. All […]
There is a substantial amount of new, good research looking at not just the descriptive behavioral economics of investing and financial risk taking behavior but the actual brain mechanisms driving harmful economic and investing behavior. These are focused mainly on inherited, congenital neurotransmitter deficits and impairments. These same conditions get worse with age and under stress […]
Location of empathy
Now brain-scanning studies suggest that the link between profits and power takes place in the striatum – part of the brain involved in sensing rewards. “This provides the biological basis of our everyday experience that personal reputation is felt as reward.” …the striatum showed bursts of activity as a result of both profit and praise. […]
‘Put simply, winners don’t punish,’ says co-author David G. Rand of Harvard’s Program for Evolutionary Dynamics and Department of Systems Biology. ‘Punishment can lead to a downward spiral of retaliation, with destructive outcomes for everybody involved. The people with the highest total payoffs do not to use costly punishment.’ “The thing that is best for […]
co-author David G. Rand of Harvard’s Program for Evolutionary Dynamics and Department of Systems Biology.