Principia Discordia

Principia Discordia => Two vast and trunkless legs of stone => Topic started by: Bebek Sincap Ratatosk on February 09, 2012, 08:09:19 AM

Title: The Effect of Language on Economic Behavior
Post by: Bebek Sincap Ratatosk on February 09, 2012, 08:09:19 AM
An interesting paper correlating how language frames the future with how people behave. Shades of General Semantics, and
an interesting nod toward 'language influences perception, perception influences behavior'

http://faculty.som.yale.edu/keithchen/papers/LanguageWorkingPaper.pdf (http://faculty.som.yale.edu/keithchen/papers/LanguageWorkingPaper.pdf)
Title: Re: The Effect of Language on Economic Behavior
Post by: Scribbly on February 09, 2012, 09:17:30 AM
This sounds fascinating. Can't read it now (at work) but will read it after and give my thoughts.
Title: Re: The Effect of Language on Economic Behavior
Post by: Bebek Sincap Ratatosk on February 09, 2012, 10:41:33 AM
From the abstract:

QuoteLanguages differ widely in the ways they partition time. In this paper I test the hypothesis that
languages which grammatically distinguish between present and future events (what linguists call strong-
FTR languages) lead their speakers to take fewer future-oriented actions. First, I show how this prediction
arises naturally when well-documented effects of language on cognition are merged with models of decision
making over time. Then, I show that consistent with this hypothesis, speakers of strong-FTR languages
save less, hold less retirement wealth, smoke more, are more likely to be obese, and suffer worse longrun
health. This is true in every major region of the world and holds even when comparing only
demographically similar individuals born and living in the same country. While not conclusive, the
evidence does not seem to support the most obvious forms of common causation. Implications of these
findings for theories of intertemporal choice are discussed.