News for hackers. Stuff that matters.
Re:Global real interest rates and the ‘suprasecular’ decline... by kristopolous on Thursday January 28, 2021 @09:17PM (#25952812)
As a formalized quantifiable theory, sure. But it's intuitive. If you think someone has less of a chance of making good on their promises whether because of their actions or some external calamity you will ask for more from them.

I wouldn't be surprised to find such relationships chiseled in ancient tablets. Trust, risk and reward among groups is a topic that animal behaviorists study. I'm certainly not in that field but I believe they claim it's a common evolutionary trait and have done experiments with children and primates to show primates lacking this intuition wherein 2-year old humans don't.

There was a lecture about this I saw recently. I'll have to dig it up

edit: here: https://www.lse.ac.uk/Events/2020/11/202011191630/cooperatio... links at the bottom

There are no comments on this comment yet.