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 [...]
This story struck me as very strange. Something from a Sci-fi show… Many people are sick after visiting a possible meteor crater.
Apparently the meteor hitting the earth can release nasty gases (from meteor chemicals reacting with something in the earth). When you hear that explanation it makes a bit more sense, and it doesn’t seem [...]