yes, that is interesting. I take it that neither keeping the money nor
negotiating with the person at the bottom were permissible options?

On Wed, Aug 17, 2011 at 11:39 PM, Cameron Childress <[email protected]>wrote:

>
> "The authors ran a series of experiments where students were randomly
> allotted sums of money, separated by $1, and informed about the “income
> distribution” that resulted. They were then given another $2, which they
> could give either to the person directly above or below them in the
> distribution.
> In keeping with the notion of “last-place aversion”, the people who were a
> spot away from the bottom were the most likely to give the money to the
> person above them: rewarding the “rich” but ensuring that someone remained
> poorer than themselves."
>
> http://www.economist.com/node/21525851
>
> Interesting...
>
> -Cameron
>
>
> 

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