Published Oct. 9, 2012, in Waterloo Region Record and Guelph Mercury.
In every political race, there are two key elements: expectations and momentum. Both are at play in the United States in the wake of last week’s surprising debate between Barack Obama and Mitt Romney.
Recently, I was musing to a friend about teaming up with some reality TV producers to put together a slew of reality TV shows as experiments for testing all sorts of assumptions in political science. Apparently, the economists have already thought of this strategy, except using videogames!
The link is here.
Are we fundamentally self-interested or cooperative and altruistic? Recent research suggests:
"It appears from these studies that humans are predisposed to cooperation and generosity, and only become selfish when they take time to think about the situation."
So what are the implications?