But you're looking at it the wrong way:Con_Alma wrote: I am apathetic to what others make....be it more than me or less.
I'll take the cash.
haha you said taint...sleeper wrote: Not to taint the question, but remember, ALL ELSE is equal. Maybe I should have stressed that more in the original post.
sleeper wrote: The "correct" answer is option 1, but most people should have chosen option 2 because people care more about relative wealth than actual wealth.
This was done in a study much bigger than this, and it was like 30% choosing option 1.
Remember, all else is equal, so inflation doesn't matter.
Yeah, I guess I didn't pay much attention to that either.se-alum wrote: I looked at it as a financial question, not a psychological question. I didn't really consider the "all things equal" part.
Hmm, could be why correct is in quotations?Con_Alma wrote:sleeper wrote: The "correct" answer is option 1, but most people should have chosen option 2 because people care more about relative wealth than actual wealth.
This was done in a study much bigger than this, and it was like 30% choosing option 1.
Remember, all else is equal, so inflation doesn't matter.
Even though I chose option 1 your response is wrong.
You asked the participants the following. "Which do YOU choose."
The correct answer is that which they truly did choose. Both option 1 and option 2 are correct if that's what the respondent chose.
