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Showing posts with the label Nobel Prize

Just my thoughts #0801

Human Networking: Although human networking doesn’t guarantee success, it is undeniable that it has a significant impact. According to a 2018 study published by Prof. Paul Ingram and Prof. Mitali Banerjee of Columbia Business School in the USA, friends and networking are more important than creativity for increasing social success and recognition among artists. It is also said that an artist’s friendships influence their creativity. The most notable example is Wassily Kandinsky. Kandinsky believed that multinational connections had a significant influence. That’s not to say that ability isn’t necessary. Ultimately, art also highlights the value of community identity. - Joseph’s “just my thoughts”

Just my thoughts #0719

Austrian psychiatrist Julius Wagner-Jauregg had a remarkable talent for recognizing patterns. When a common tendency appears, it’s called a pattern. Finding common ground also involves identifying problems or finding solutions. Before the discovery of penicillin , Julius was searching for a way to treat neurosyphilis but accidentally discovered that the condition was cured when the patient developed a severe fever from another disease. Julius intentionally infected a patient with malaria to induce a fever, and when the fever rose, he used quinine to treat malaria and saved the syphilis patient. Without treatment, syphilis had a 30% survival rate, but with malaria-induced fever, the survival rate increased to 60%. The survival rate was doubled. For this work, he was awarded the Nobel Prize in Medicine in 1927. Although high fever causes pain in humans, it also signals that the immune system is active. Recognize patterns to solve problems. - Joseph’s “just my thoughts”

Just my thoughts #0112

In 2002, Nobel Prize-winning economist Daniel Kahneman conducted an experiment called the “Dictator Game”. It was 1986. One of the two subjects was given $20 to share with the other. The first condition was that the recipient could exercise his veto power if he did not like the distribution ratio, and then, the ruler ensured that the giver did not have the money. The second condition eliminated the veto. In the first condition, most people who gave money were divided in half. In the second condition, however, the giver had about 70% and shared only 30%. Most people think of fairness to vested interests between 50% and 70%. But, in some cases, even though the recipient had a veto, the giver had 90% and wanted to share only 10%. At that time, it was beneficial for the recipient to receive at least 10%, but by exercising the veto power, the giver did not have the money either. This is the moment of conflict between justice and rationality. People do not make decisions based on reason alon...