Tuesday, February 03, 2009

Respect your mice

From a report at Physorg.com:
Humans and mice are both good at assessing risk in everyday tasks, according to a study by Rutgers University scientists published this week in the Proceedings of the National Academy of Sciences....

The finding leads Gallistel, professor of psychology and co-director of the Rutgers University Center for Cognitive Science, to conclude that risk assessment is not basically a high-level conscious activity, but one that is programmed into the brains of animals - mice, humans and many others....

"These animals [the mice] were doing something that, on the face of it, was mathematically complicated," Gallistel said.
Seems to me the lesson to take from this is that the banking and investment industry may as well be run by mice. Send them to Wall Street, I say.

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