Word: trustfulness
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...first experiment involved an anonymous game of trust. The 28 study participants were told they would be "receivers," with whom a group of anonymous "senders" had been instructed to invest money. Participants were told that each sender had been given $4 and told that any part of it invested with receivers would be tripled. The job of the receiver, then, was to decide what portion of the dividends to return to the sender...
...reality, there was no sender, and each study participant received $12, making it seem as though the senders had entrusted them with the full $4 they had been given. But would the receivers reciprocate that trust or exploit their unidentified investors? On average, those in the plain-smelling room returned $2.81 to the sender, pocketing the lion's share of the money. But those bathed in the scent of Windex sent back an average of $5.83, returning the senders' blind faith...
...unclear what political ends the Obama administration is hoping to achieve with this confrontational approach to Fox. This is a news channel that thrives on controversy, and its anchors glut on polemics. Its audience seems captive to the lies of Glenn Beck and co., but they appear unlikely to trust the words of any politician, even the most charismatic one. Furthermore, the White House will hardly be viewed as an objective arbiter of the truth if it continues to level such retaliations in the wake of the national imbroglio that is the health-care “debate...
...windfall of the big-stakes battle in Washington. What it means for consumers is somewhat murkier: Will a miracle cure be there when you need one? And if it is, will you be able to afford it? Those are questions that hinge on whether the rest of us can trust Congress to find proper balance between competition and innovation...
...French President Nicolas Sarkozy routinely plays the tough cop with Iran, threatening and goading its leaders and urging U.S. President Barack Obama to take a tougher line. On Tuesday, Iran struck back with a humiliating slap-down, insisting that France butt out of the deal because Tehran could not trust the nation to honor its commitments. Iranian diplomats even delayed the start of the day's talks in Vienna on the agreement, insisting that it was unnecessary for the French to be in the room. Eventually the talks went ahead with French delegates present, but Iranian officials insisted that they...