Related Experiment Video
Updated: Jan 25, 2026

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
Published on: March 2, 2011
The challenge of accounting for individual differences in folk-economic beliefs
Benjamin C Ruisch1, Rajen A Anderson1, David A Pizarro1
1Department of Psychology,Cornell University,Ithaca,NY 14853-7601.bcr44@cornell.eduraa255@cornell.edudap54@cornell.eduhttp://www.peezer.net.
Abstract:
We argue that existing data on folk-economic beliefs (FEBs) present challenges to Boyer & Petersen's model. Specifically, the widespread individual variation in endorsement of FEBs casts doubt on the claim that humans are evolutionarily predisposed towards particular economic beliefs. Additionally, the authors' model cannot account for the systematic covariance between certain FEBs, such as those observed in distinct political ideologies.
More Related Videos
Related Concept Videos
Accountability and Responsibility of a Nurse II
For example, a nurse demonstrating respect and compassion might listen attentively to a patient's concerns, provide...
Accountability and Responsibility of a Nurse I
Impact of Individuals on Individuals
Difference from Background: Limit of Detection
The LOD indicates the presence or absence...
Electric Potential and Potential Difference
When a test charge moves from the initial to the final position, the electric potential difference between those positions is defined as the ratio of the change in the potential energy to the charge on the...
Identifying Statistically Significant Differences: The F-Test

