Sunday, 22 February 2009

Love these insights

Psychology Today, February 2009
Insights: Navigating Wall Streets Is More of a Mind Game than Ever by Sadia Latifi

MONOPOLY MONEY
How did we enter financial freefail?
Here's one contribution. People cheat more when they aren't dealing with real money.
Abstractions - whether it's a poker chip or a stock option - make people more comfortable with fudging the rules. Start trading fancy derivatives and your morals just might come unmoored.

No comments: