Traditional models of economic decision-making assume that people are self-interested rational maximizers. Empirical research has demonstrated, however, that people will take into account the interests of others and are sensitive to norms of cooperation and fairness. In one of the most robust tests of this finding, the ultimatum game, individuals will reject a proposed division [...]
A limited view of science
What do you think science is?
At dinner last night one of our lab demonstrators, who has a BSc (Honours), claimed that he got into science because he wanted to prolong life. Quality life, not life plagued with alzheimers, for example. Somewhere in his speech about long-life, money management and a drastic [...]
Last night I was cooking enchiladas. The packet of corn tortillas, which was inside a box, said “contains wheat”. I checked the box and couldn’t find any sign saying the corn tortillas contained wheat and I thought it was a shame because there could have been someone allergic to gluten who had hoped to eat [...]