It’s been a while since I read up and listened to more on that specific study, but from what I remember, the “rich” subjects were very happy/proud to share the details of their winning tactics. It’s their ego desiring to reverse the narrative of how their victory came about. It’s because of my greatness, not what was handed to me, and then to protect that false belief they have to conveniently ignore how the parameters of the game were created.
It’s amazing that the test subjects took on Trumpian characteristics in just 15 minutes of play under simulated conditions. Imagine what 70+ years of that would do to somebody.
I believe that this is a natural human tendency, but it’s super surprising that it would manifest itself when the advantage is so obviously overpowering and randomly assigned.
I’ve had a few occasions to be a “captain” to choose sports teams where there are clear diffferences in abilities- think a church picnic softball game. Completely a fun event.
I have suggested to the other captain that we pick in somewhat reverse order. For example we each pick a little kid first instead of the obvious best adult players.
I go first and pick a 12 year old. The other guy picks an adult slugger. It’s happened probably a half dozen times in my life. People just can’t change their concept of the game and have to go for the kill.
By the way—we kicked their ass-I cleaned up by knowing which of the kids could play. We didn’t hit any homers but we could field, throw and run and no automatic outs.
At least in that case, you all started with the same stack and you earned a bigger stack through your play (and luck, of course), so that doesn’t seem nearly as delusional as what happened in that experiment.
Interesting point. To build off your thought of it being impossible to ignore the more dice/money aspect…it turns out that it is entirely possible to ignore it. Both in the study and in IRL. How far we can extrapolate this study to mean that we now know exactly how people who were born on 3rd base do in fact believe they hit a triple, is not clear.
I don’t recall the study finding that every person who started with the advantages reacted in exactly the same extreme way. We as poker players and game players are more likely to comprehend these things in the moment. The general public on the other hand…