sciencedaily.com — We all know that $1 is equal to 100 cents. But a new study suggests that, in some situations, people may behave as if 100 cents actually has more value.That’s because people may pay more attention to the size of the numbers involved than the actual economic value, according to the research.
Feb 2, 2009 View in Crawl 4
Closed AccountFeb 3, 2009
ahhhhhh is brainwashing at its finest
duckmanneoFeb 3, 2009
That is why I always tip in pennies
jamdoggFeb 3, 2009
...and they will say a ton is a constant weight.
jamdoggFeb 3, 2009
Well you could melt the 100 coins, make a small sculpture and sell it for any amount above $1.
narcismFeb 4, 2009
Haha! Mine's 7cm! Sucks to be you.
jdladeFeb 4, 2009
"So people are more impressed by 100 cents than they are with $1, because 100 is larger than 1."............................................________....................................,.-‘”...................``~.,.............................,.-”...................................“-.,.........................,/...............................................”:,.....................,?......................................................\,.................../...........................................................,}................./......................................................,:`^`..}.............../...................................................,:”........./..............?.....__.........................................:`.........../............./__.(.....“~-,_..............................,:`........../.........../(_....”~,_........“~,_....................,:`........_/..........{.._$;_......”=,_.......“-,_.......,.-~-,},.~”;/....}...........((.....*~_.......”=-._......“;,,./`..../”............../...,,,___.\`~,......“~.,....................`.....}............../............(....`=-,,.......`........................(......;_,,-”............/.`~,......`-...............................\....../\.............\`~.*-,.....................................|,./.....\,__,,_..........}.>-._\...................................|..............`=~-,.....`=~-,_\_......`\,.................................\...................`=~-,,.\,...............................\................................`:,,...........................`\..............__.....................................`=-,...................,%`>--==``........................................_\..........._,-%.......`\...................................,<`.._|_,-&``................`\
liveartFeb 5, 2009
Perhaps I didn't explain myself as well as I should have. Here's a video that explains it better:<a class="user" href="http://www.ted.com/index.php/talks/dan_gilbert_researches_happiness.html">http://www.ted.com/index.php/talks/dan_gilbert_res ...</a>Starts talking about value @ 8:20, specific example of what I meant @15:25.