Abstract:Drawing upon laboratory studies, cross-cultural research, and experiments with babies and young children, we argue that humans naturally favour fair distributions, not equal ones, and that when fairness and equality clash, people prefer fair inequality over unfair equality.If true then the sandbox is imperative, we cannot go forward without it. We are stuck, allyhose walet vendors have to deliver huge quantities and a huge variety of secure elements to a common currency format. And, unless the world is to fall apart, and Cato funders lose the value of their dollars, the trading pit architecture needs to be funded. That is why all this money is piling up for Fintech investment.
Monday, April 10, 2017
We all prefer the sandbox
From Nature magazine a research and review paper argues that we prefer fairness over equality.
Posted by Matt Young at 4:23 AM