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"* Do low SES children not understand that money is a reward?" As in they're stupid? How would they not understand it's a reward. "* Is there a capability gap

by hmcq6 3y ago

"* Do low SES children not understand that money is a reward?" As in they're stupid? How would they not understand it's a reward. "* Is there a capability gap at playing games? Or different responses to games themselves?" From the article - "Unbeknownst to the participants, the game was set up to control whether the guess would be correct or incorrect." So no... that's not a possibility

roenxi 3y ago
> As in they're stupid? How would they not understand it's a reward. A lot of people, if you give them a dollar they'll try to spend it on something. And that, counterintuitively, means they don't see the dollar as a reward. Someone who sees the dollar as a reward will put the dollar on their pile of dollars and then feel good because they have a dollar. The dollar, in itself, is the reward. If someone is dirt poor, I assume they don't have a habit of seeing money as the end in itself.
- hmcq6 3y ago
  "A lot of people, if you give them a dollar they'll try to spend it on something. And that, counterintuitively, means they don't see the dollar as a reward." I think Homer already deconstructed your argument, no not that Homer: https://www.youtube.com/watch?v=A81DYZh6KaQ https://www.youtube.com/watch?v=A81DYZh6KaQ But the question is, how can you attribute that behavior to the poor kids only if there is no mention of it in the study or article? Undoubtably some number of both the poor and rich kids are going to want to buy something with the money. Buried in your assumption is the assumption that poor kids are less likely to try to save money or that they don't see financial stability as rewarding. And, in my opinion, the fact that the reward center of all the kids brains lit up fundamentally contradicts your central point. The poor kids did see the money as a reward for correctly guessing the answer in the game.
  - roenxi 3y ago
    > But the question is, how can you ... I can't. That was the hidden meaning behind the "interesting follow up questions" and "There isn't conclusive evidence in the article though." parts of my original comment. And yes, that Homer clip is exactly the sort of flow I'm thinking about. The idea obviously isn't a new one. Compare it to a similar style of scene but with Mr Burns - he'd see the money and start comically salivating or something. Homer has a 10 second delay before even realising it is a good thing, just because he doesn't see money in itself as a goal.
- chrismcb 3y ago
  If the dollar bill itself is the reward, it is a worthless reward. I may as well give you a piece of paper that says "reward" on it. The dollar is a reward because it can be exchanged for something.

by hmcq6 3y ago

roenxi 3y ago

> As in they're stupid? How would they not understand it's a reward. A lot of people, if you give them a dollar they'll try to spend it on something. And that, counterintuitively, means they don't see the dollar as a reward. Someone who sees the dollar as a reward will put the dollar on their pile of dollars and then feel good because they have a dollar. The dollar, in itself, is the reward. If someone is dirt poor, I assume they don't have a habit of seeing money as the end in itself.

hmcq6 3y ago
"A lot of people, if you give them a dollar they'll try to spend it on something. And that, counterintuitively, means they don't see the dollar as a reward." I think Homer already deconstructed your argument, no not that Homer: https://www.youtube.com/watch?v=A81DYZh6KaQ https://www.youtube.com/watch?v=A81DYZh6KaQ But the question is, how can you attribute that behavior to the poor kids only if there is no mention of it in the study or article? Undoubtably some number of both the poor and rich kids are going to want to buy something with the money. Buried in your assumption is the assumption that poor kids are less likely to try to save money or that they don't see financial stability as rewarding. And, in my opinion, the fact that the reward center of all the kids brains lit up fundamentally contradicts your central point. The poor kids did see the money as a reward for correctly guessing the answer in the game.
- roenxi 3y ago
  > But the question is, how can you ... I can't. That was the hidden meaning behind the "interesting follow up questions" and "There isn't conclusive evidence in the article though." parts of my original comment. And yes, that Homer clip is exactly the sort of flow I'm thinking about. The idea obviously isn't a new one. Compare it to a similar style of scene but with Mr Burns - he'd see the money and start comically salivating or something. Homer has a 10 second delay before even realising it is a good thing, just because he doesn't see money in itself as a goal.
chrismcb 3y ago
If the dollar bill itself is the reward, it is a worthless reward. I may as well give you a piece of paper that says "reward" on it. The dollar is a reward because it can be exchanged for something.