The logic of modesty -- why it pays to be humble

(Institute of Science and Technology Austria) Why do people make anonymous donations, and why does the public perceive this as admirable? A team of scientists, consisting of Christian Hilbe, a postdoc at IST Austria, Moshe Hoffman, and Martin Nowak, both at Harvard University, has developed a novel game theoretic model that captures these behaviors and enables their study. Their new model is the first to include the idea that hidden signals, when discovered, provide additional information about the sender.
Source: EurekAlert! - Social and Behavioral Science - Category: International Medicine & Public Health Source Type: news