Sunday, 3 February 2019

Measuring Trust Testimonial


                    Can you really measure trust? Yes, so, says the Harvard School of Economics. A research experiment was conducted to measure trust and it is mentioned in the 42-page report in their Quarterly Journal of Economics. Here in this experiment, individuals were each given $15and were asked to put in any amount of money, maximum being 15 dollars in a sealed envelope had to be purposefully forgotten in a public place like coffee house, cinema hall, mall etc. The experiment was to see-how much money did people actually put in the envelopes and how many envelopes got to the addresses. You will be amazed by the results-The envelopes with the most money, i.e. all the 15 dollars, were the maximum ones that were posted or hand delivered by total strangers, even when they did not know what was in there! It is due to the universal law of trusting others.
                   The most important decision we make is whether we believe we live in a friendly or hostile universe.

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