Saturday, January 5, 2013

Eckhart Tolle ? Interview By Kim Eng ? True Love And The ...

EckhartTolleDuring my travels, one of the most frequently asked question is ?What is it like to be in relationship with an enlightened being?? Why this question? Perhaps they have the idea or image of an ideal relationship, and want to know more about it. Perhaps their mind wants to project itself to a future time when they, too, will be in an ideal relationship and find themselves through it.

What is it like to be in relationship with an enlightened being?

As long as I have the idea in my head ?I have a relationship? or ?I am in a relationship,? no matter with whom, I suffer. This I have learnt.

With the concept of ?relationship? come expectations, memories of past relationships, and further personally and culturally conditioned mental concepts of what a ?relationship? should be like. Then I would try to make reality conform to these concepts. And it never does. And again I suffer. The fact of the matter is: there are no relationships. There is only the present moment, and in the moment there is only relating.

How we relate, or rather how well we love, depends on how empty we are of ideas, concepts, expectations.

Recently, I asked Eckhart to say a few words on the ego?s search for ?love relationships.? Our conversation quickly went deeper to touch upon some of the most profound aspects of human existence. Here?s what he said:

Eckhart Tolle: What is conventionally called ?love? is an ego strategy to avoid surrender. You are looking to someone to give you that which can only come to you in the state of surrender. The ego uses that person as a substitute to avoid having to surrender. The Spanish language is the most honest in this respect. It uses the same verb, te quiero, for ?I love you? and ?I want you.? To the ego, loving and wanting are the same, whereas true love has no wanting in it, no desire to possess or for your partner to change. The ego singles someone out and makes them special. It uses that person to cover up the constant underlying feeling of discontent, of ?not enough,? of anger and hate, which are closely related. These are facets of an underlying deep seated feeling in human beings that is inseparable from the egoic state.

When the ego singles something out and says ?I love? this or that, it?s an unconscious attempt to cover up or remove the deep-seated feelings that always accompany the ego: the discontent, the unhappiness, the sense of insufficiency that is so familiar. For a little while, the illusion actually works. Then inevitably, at some point, the person you singled out, or made special in your eyes, fails to function as a cover up for your pain, hate, discontent or unhappiness which all have their origin in that sense of insufficiency and incompleteness. Then, out comes the feeling that was covered up, and it gets projected onto the person that had been singled out and made special ? who you thought would ultimately ?save you.? Suddenly love turns to hate. The ego doesn?t realize that the hatred is a projection of the universal pain that you feel inside. The ego believes that this person is causing the pain. It doesn?t realize that the pain is the universal feeling of not being connected with the deeper level of your being ? not being at one with yourself.

The object of love is interchangeable, as interchangeable as the object of egoic wanting. Some people go through many relationships. They fall in love and out of love many times. They love a person for a while until it doesn?t work anymore, because no person can permanently cover up that pain.

Only surrender can give you what you were looking for in the object of your love. The ego says surrender is not necessary because I love this person. It?s an unconscious process of course. The moment you accept completely what is, something inside you emerges that had been covered up by egoic wanting. It is an innate, indwelling peace, stillness, aliveness. It is the unconditioned, who you are in your essence. It is what you had been looking for in the love object. It is yourself. When that happens, a completely different kind of love is present which is not subject to love / hate. It doesn?t single out one thing or person as special. It?s absurd to even use the same word for it. Now it can happen that even in a normal love / hate relationship, occasionally, you enter the state of surrender. Temporarily, briefly, it happens: you experience a deeper universal love and a complete acceptance that can sometimes shine through, even in an otherwise egoic relationship. If surrender is not sustained, however, it gets covered up again with the old egoic patterns. So, I?m not saying that the deeper, true love cannot be present occasionally, even in a normal love / hate relationship. But it is rare and usually short-lived.

Whenever you accept what is, something deeper emerges than what is. So, you can be trapped in the most painful dilemma, external or internal, the most painful feelings or situation, and the moment you accept what is, you go beyond it, you transcend it. Even if you feel hatred, the moment you accept that this is what you feel, you transcend it. It may still be there, but suddenly you are at a deeper place where it doesn?t matter that much anymore.

The entire phenomenal universe exists because of the tension between the opposites. Hot and cold, growth and decay, gain and loss, success and failure, the polarities that are part of existence, and of course part of every relationship.

Kim Eng: Then it?s correct to say, we can never get rid of the polarities?

ET: We cannot get rid of polarities on the level of form. However, you can transcend the polarities through surrender. You are then in touch with a deeper place within yourself where, as it were, the polarities no longer exist. They continue to exist on the outer level. However, even there, something changes in the way in which the polarities manifest in your life when you are in a state of acceptance or surrender. The polarities manifest in a more benign and gentle way.

The more unconscious you are, the more you are identified with form. The essence of unconsciousness is this: identification with form, whether it is an external form (a situation, place, event or experience), a thought form or an emotion. The more attached to form, the more unsurrendered you are, and the more extreme, violent or harsh your experience of the polarities becomes. There are people on this planet who live virtually in hell and on the same planet there are others who live a relatively peaceful life. The ones who are at peace inside will still experience the polarities, but in a much more benign way, not the extreme way in which many humans still experience them. So, the way in which the polarities are experienced does change. The polarities themselves cannot be removed, but one could say, the whole universe becomes somewhat more benevolent. It?s no longer so threatening. The world is no longer perceived as hostile, which is how the ego perceives it.

KE: If awakening or living a life in an awakened state does not change the natural order of things, duality, the tension between the opposites, what does living a life in the awakened state do? Does it affect the world, or only one?s subjective experience of the world?

ET: When you live in surrender, something comes through you into the world of duality that is not of this world.

KE: Does that actually change the outer world?

ET: Internal and external are ultimately one. When you no longer perceive the world as hostile, there is no more fear, and when there is no more fear, you think, speak and act differently. Love and compassion arise, and they affect the world. Even if you find yourself in a conflict situation, there is an outflow of peace into the polarities. So then, something does change. There are some teachers or teachings that say, nothing changes. That is not the case. Something very important does change. That which is beyond form shines through the form, the eternal shines through the form into this world of form.

KE: Is it right to say that it is your lack of ?reaction against,? your acceptance of the opposites of this world, that brings about changes in the way the opposites manifest?

ET: Yes. The opposites continue to happen, but they are not fueled by you anymore. What you said is a very important point: the ?lack of reaction? means that the polarities are not fueled. This means, you often experience a collapse of the polarities, such as in conflict situations. No person, no situation is made into an ?enemy.?

KE: So, the opposites, instead of becoming strengthened, become weakened. And perhaps this is how they begin to dissolve.

ET: That?s right. Living in that way is the beginning of the end of the world.

http://www.eckharttolle.com /? link to original article

Source: http://lucas2012infos.wordpress.com/2013/01/05/eckhart-tolle-interview-by-kim-eng-true-love-and-the-transcendence-of-duality-5-january-2013/

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Behind the Bar: Pauline Boldt's Holiday Gin and Tonics | Design ...


Photographer Pauline Boldt, whose cornmeal cake we featured late last year, has a most enviable life. She jet sets around the world photographing farms, restaurants, vineyards, chefs and more. In this way, she has the perfect opportunity to sample many different types of fabulous food. It seems that each experience one-ups the previous, so there?s no end to her culinary archive. This week she shares a recipe for one of her favorite holiday cocktails by Teen Gowler, a Canadian restaurateur. I know the holidays are over, but the cold weather isn?t. Looking at these images, I can almost get excited that the worst of winter is yet to come. I just need to make sure I have my drink cart ready to brave the storms! ??Kristina

About Pauline: Pauline Boldt is an international reportage photographer and creative director who finds particular inspiration in people, places and food. Her editorial and commercial clients include?Kinfolk,?Airbnb,?&London,?Fiorentini + Baker and?Tolaini Winery. Her work has been featured on?What Katie Ate, as well as?Sunday Publishing Cakebook. Pauline is also the photographer and creative director for a?new venture called Le Tre, together with chef Marisa Curatolo and wine expert Tina Jones. Together, the three share their combined passion for wine, food and photography. You can see more of Pauline?s work at her photoblog,?26 Merton Road. She is also on Twitter (@26MertonRoad).

See Pauline?s holiday gin and tonic recipe after the jump . . .


Holiday Gin and Tonics

  • 1+ 1/2oz gin (Teen used Hendrick?s)
  • 1/2 oz Rosemary Simple Syrup (below)
  • tonic water
  • lots of ice
  • garnish with a lime wedge and fresh rosemary sprig

?

Rosemary Simple Syrup

Combine one cup of sugar, one cup of water, 3 tablespoons of honey and a couple fresh rosemary sprigs into a saucepan and bring to a boil for 5 minutes over medium heat. Let cool completely and pour into your jar of choice.


Why Pauline Loves This Recipe

Teen and her husband, Trevor, own and run a restaurant called TR McKoys in a resort town in Canada called Clear Lake. I met Teen a few years back when I photographed their restaurant. I stayed in a beautiful cottage for a few days and enjoyed the food, people, staff and, of course, the restaurant. We have been the best of friends ever since. During the spring/summer, whenever I can, I come out to the lake to continue photographing and to spend time with them.

This particular recipe was developed and tested when Teen and I went up to her cottage at the lake in the heart of winter ? just the two of us. I brought up my full camera kit and she brought all the food. This drink was just one of the recipes that came from our time together ? and it sure is delightful!

Source: http://www.designsponge.com/2013/01/159921.html

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No-Hassle Products For Personal Loan Singapore ? The Basics ...

Posted by mikaza on January 5, 2013 in News | Short Link

Courtesy of Hunter D. W. Starr-Cahill ? In Singapore, anybody can avail cash advance for personal or professional requirements. This simply means the individual are able to use this finance for virtually any of their specifications, like eliminating debts, getting auto, buying customer sturdy goods, paying down electricity bills, medical emergency, travelling costs, initiating start up business, college degree, marriage purpose, business expansion and many other things. Many banks and finance companies supply moneylenders. Several of the well-liked names are SBI, HDFC, Axis, CITI, Regular Chartered, ICICI, PNB, Kotak, Fullerton, DHFL and numerous others.

These lenders supply individual finance with eye-catching provides and lucrative rates of interest. This is certainly so; to draw far more consumers towards themselves, to be able to mitigate the results of competition. Therefore, shoppers really should be small careful though applying for the individual finance, as great number of lenders are present in the marketplace who give personal unsecured loan. The customer really should evaluate these lenders according to personal loan interest, processing fee, tenure, prepayment charges, quantity and norms. The consumer must select the fact that the loan provider to provide the best selection to the personal loan and a second can do it, by visiting web pages and can calculate the loan?s EMI by means of EMI calculator.

Nevertheless, bank also checks the customer?s creditworthiness, repaying potential, budget and income source, prior to sanctioning the individual loan for the applicant. This is often so; you can get private finance devoid of delivering collateral or safety within their asset or house to the bank. Your banker checks these things by means of applicant documents that particular submits with personal finance type. The prospect has got to give a variety of documents in becoming qualified for an individual can finance in Singapore. The purchaser must submit proof revenue, age, identity, bank statement, residence and employment particulars. The bank account verifies these documents and then decides with regards to the personal bank loan rates, tenure and amount. Normally, bank charge 14% to 25% interest for your tenure of one to 5 years for the amount you borrow.

One gets several important things about availing bank loan. Those are; it needs minimal documents to the processing of personal finance, resulting from which, it can make course of action loan method fast and hassle-free. Someone can utilize this fund in accordance with their requirement. The prospect does not have to disclose any details for the lender for availing a person finance.

As a result, clients ought to check their credentials ahead of availing the individual loan, as lender decides about unsecured loan agreement based on these documents.

Tags: personal loan singapore

Source: http://valttiblogi.com/no-hassle-products-for-personal-loan-singapore-the-basics/

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Back to school: the right medicine for Sandy Hook ... - TODAY Health

Timothy A. Clary / AFP - Getty Images

A Sandy Hook Elementry student flashes a sign as children leave on a school bus in Newtown, Connecticut January 3, 2013. Counselors say getting back to a routine is the best medicine for the surviving students.

By Maggie Fox, NBC News

Getting Sandy Hook?s children back to school on Thursday was one of the most important steps for healing their trauma, as well as getting their parents and the community back on track, mental health experts say. But the whole community will be immersed in mental health support for the foreseeable future.

More than 400 students from the school started back after their winter holiday, their first time back in class since Adam Lanza shot and killed 20 first-graders, six staffers,, his mother and himself with a semi-automatic rifle Dec. 14.

With??their school building in Newtown still closed for a criminal investigation, an unused middle school in nearby Monroe was painted and refurbished for them. The kids rode yellow school buses to the new school, and that?s important therapy, says Katy Smith, who heads the trauma response team at The Center of Hope, a nonprofit family support center in nearby Greenwich, Ct. that?s helped in ?ounseling affected families in Newtown.

?I think it?s huge,? Smith said in a telephone interview. ?We always tell people that trying to get back to a normal routine is so important.?

Thalia Anderen, a counselor at Center of Hope, says getting back to routines helps both parents and kids. ?The longer they wait, the harder it will be to get back,? Anderen said.

They would have been prepared for heavy security at the new school. Assuring parents and children alike that the new school is safe is a key part of the mental health support they need, Smith and Anderen said. Police officers, therapy dogs and counselors were at the new school in Monroe on Thursday, but there were some other extras, too. Parents were allowed to stay in the building for the day.

?You have to make sure that the kids think everything will be fine,? Andersen said.

Nearby streets were decorated with balloons and welcome signs.

?Most of the kids were excited,? said Monroe, Conn., Police Lt. Keith White. ?We don?t want them to think this is a police state. We want them to know this is a school and a school first,? he added. ?Most of the buses were full ... most of the classes were full.?

But having security as well as a little fun should have?helped, the counselors said. ?There definitely are going to be kids that are going to be scared and they are going to to be anxious,? Andersen said. ?As a parent dropping their kid off at school, you just assume that they are going to be safe.? The shootings, she said, shook parents ?to the core."

After three long and challenging weeks, Sandy Hook Elementary students returned to class Thursday at a nearby middle school in Monroe, Conn., where they will remain until their old school is no longer designated a crime scene. NBC's Rehema Ellis reports.

Counseling the families who were directly affected, as well as their neighbors in southern Connecticut, will be a long-term project, says Smith, who worked in Newtown last month. ?Local health providers have a brand new team just to deal with Sandy Hook. They will have a permanent team there that is working with them,? she said. Children will do better in group therapy sessions, Smith said. Many of the counselors will be using the ?Dougy model? pioneered by the Portland, Ore.-based Dougy Center.

Some of the Dougy Center?s guidelines include listening to children, following routines, setting limits on behavior and using clear language such as saying someone died instead of ?passed away." ?Do not suggest that the student has grieved long enough,? the center advises on its website. ?Do not indicate that the student should get over it and move on.?

The Greenwich-based facility held sessions for families not directly affected by the shootings, also, and Smith said she was surprised at how many people turned up. ?People were just desperate to talk,? she said. As for Newtown residents, they?re advising folks to keep an eye on one another.

?We just want to make sure people don?t isolate themselves,? Smith said. ?People who are unsupported have a greater risk for post-traumatic stress disorder.?

While the Sandy Hook killings were an extraordinary catastrophe, Smith says most of the children are likely to recover. ?A lot of people are traumatized every day. The majority of them recover,? she said. ?There are a small percentage that don?t recover. That is why we are coming in.?

Skilled counselors know the signs of someone who isn?t healing, and can intervene to get those people the help they need. ?With good support, good family, love, people usually recover from trauma,? Smith said.

Families were allowed to visit the Monroe school last month to see where the children would be. ?If you didn?t know that this incident had happened a week earlier you would not have known,? Anderen said. The children were happy to see their friends and classmates, she said. That?s a good sign. ?It is going to change them but the hope is they are going to be stronger,? Anderen said.

?

Related stories:

Source: http://todayhealth.today.com/_news/2013/01/03/16330207-back-to-school-the-right-medicine-for-sandy-hook-experts-say

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Friday, January 4, 2013

3 Secrets to Developing Your Writing Voice | She Owns It

A beautiful young college student writing on a notebook outdoorby Heather Thorkelson

In this digital age your website is often the first point of contact for your potential customers and clients, no matter what kind of business you?re running.? And with that comes the responsibility of serving up fresh, relevant content to provide value and keep visitors engaged.?? So what is it that?s going to separate your content from the pack?? Enter: your writing voice.

Your writing voice is one of those intangible and yet oh-so-important pieces of the solopreneur puzzle.? Experts will tell you it takes 3-6 months of regular writing or blogging to ?find your voice?, but if you?re a go-getter like me and want to establish your unique voice in your business ASAP, here are three key strategies that work wonders:

1) Poll your closest friends and family members and ask them to describe how you express yourself in three adjectives.? The truth is that your writing voice is almost the same as your speaking style, minus the ?umms? and ?likes?.? But it?s really hard to be objective about our own speaking personality, so recruit your nearest and dearest to distill in to three words the way they perceive your personal expression.? Are you passionate, playful, and opinionated?? Or conservative, thoughtful, and kind?? Amalgamate their responses and create a ?voice compass? that will help keep you on track when you?re producing content.

2) Use a dictation service to create content.? You can either record yourself talking out a blog post into a voice memo app and then transcribe it yourself, removing any ?filler? words like ?umm? that we use in natural speech, or you can use a transcription app like the free Dragon Dictation or Scribe (for a fee) which will do the work for you and allow you to edit afterward.? Either way, your content will undeniably be in your voice, conveying your personality, and allowing your readers to truly connect with you.

3) If you feel awkward talking things out on your own, have someone interview you, record it, and then transcribe your answers.? Pick the topic that you need to create content for, and have your interviewer ask you high return questions such as, ?Why is it important for people to know about this?? What makes you angry about this topic?? What do you know people struggle with on this topic? What gives you hope about this topic?? What do you wish everybody knew about this?? If you could offer people one key takeaway on this topic, what would it be???? This strategy can be effective for anything ~ from all natural home-baked dog treats to effective SEO optimization for websites ~ your voice will come shining through when you activate your passion around it.

This might sound like a bit of work, but results come quick as you begin to see clear trends in the way you express yourself.?? And once you gain that writing voice clarity, authentic content will start to flow with a lot more ease.

??????????????????????????????

me by waterHeather is a coach & business strategist specializing in entrepreneurial activation and business freedom.??She leads an eclectic, adventurous, self-designed life, running her own location-independent business two blocks from the ocean in Peru. ? She?s particularly passionate about experiential learning and runs life-changing Adventure Reboot Retreats for a handful of courageous women in Iceland & Peru each year, helping her clients flip the switch to chart lives + careers they really, truly, radically LOVE.

?

Source: http://sheownsit.com/secrets-developing-your-writing-voice-by-heatherlyone/

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Baseball-size Martian rock recovered in Sahara

LOS ANGELES (AP) ? Scientists say a 2-billion-year-old rock from Mars that landed on Earth is quite different from other Martian meteorites.

They say it is older than most and contains more water. It's also similar to volcanic rocks examined by the NASA rovers Spirit and Opportunity on the Martian surface.

About 65 Martian meteorites have been recovered on Earth, mostly in Antarctica or the Sahara desert. The oldest dates back 4.5 billion years. The rest are 1.3 billion years old or younger.

The recently tested 2-billion-year-old rock is about the size of a baseball. It was donated to the University of New Mexico by an American who bought it from a meteorite dealer last year.

Researchers performed tests to confirm its age and origin. The findings were published online Thursday in the journal Science.

Source: http://news.yahoo.com/baseball-size-martian-rock-recovered-sahara-190305380.html

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Study: Time pressure enhances thrill of auctions

Study: Time pressure enhances thrill of auctions [ Back to EurekAlert! ] Public release date: 3-Jan-2013
[ | E-mail | Share Share ]

Contact: Monika Landgraf
presse@kit.edu
49-721-608-47414
Helmholtz Association of German Research Centres

Emotions influence economic decisions / Internet auctions use this effect to offer more entertainment and thrill

This press release is available in German.

Shopping is more than the rational exchange of goods against money. Emotions, however, do not only play a role when buying a red sports car or the fiftieth pair of shoes. At the stock exchange or during auctions, bidders also are often influenced by irrational motives. In the current issue of the International Journal of Electronic Commerce, KIT scientists point out that the end price of auctions depends on the framework conditions and the emotional pressure of the bidders (DOI 10.2753/JEC1086-4415170201).

The study with more than 90 test persons simulated the so-called Dutch auction that is usually used for selling flowers. The item being sold is initially offered at a very high price. This price is lowered in decrements until a bidder accepts the current price. He gets the item at this price and the auction is completed. "The Dutch auction is clearly structured and dynamic at the same time. It represents an excellent research scenario," explains Dr. Marc Adam of Karlsruhe Institute of Technology. Adam and his colleagues, Dr. Jan Krmer and Professor Christof Weinhardt, found that a rapidly falling price leads to a lower end price and to a higher excitement of the bidders.

Excitement is reflected by the measured heart rates and skin resistances of the participants. "Our experimental setup closes the gap in observation," says Adam. So far, the brain areas responsible for emotions have been examined using magnetic resonance tomographs, while the test persons bade against an electronic counterpart. Or participants in multi-person simulations have reported about their subjective feelings after the auction. Thanks to modern measurement technology, it is now possible to measure highly resolved physiological data of many participants during an auction. "Measurements in a multi-person situation significantly increase accuracy and are much closer to reality," Weinhardt summarizes the added value of the new method.

After calibration, the pulse frequencies and skin resistances measured allow rather accurate conclusions to be drawn with respect to the excitement. In addition, it is possible to verify hypotheses other than quicker auctions leading to lower end prices and enhanced excitement of the bidders. "Our data also show that the bidders, after having reached a certain excitement, try to further enhance their thrill by delaying their bid," Adam says. Based on the heart frequency and skin conductance, it was also found that winning the auction yields a weaker physiological reaction than going away empty-handed. "In other words: Losing is worse than the good feelings associated with winning."

The results may also be applied to other types of auctions. Examples are classical auctions, where excitement may lead to the expenses being higher than planned. Or internet auctions that are not simply used to obtain a good required, but also offer entertainment and emotions. "Internet auction platforms are highly skilled in enhancing the thrill, entertainment, and excitement by the course of the auction and advertisements," says Adam. "In the academic world, by contrast, economic models were based for a very long time on the purely rational human being, the homo oeconomicus. Our study reveals that emotions also play an important role."

The study is based on a series of auctions among six test persons. Soon a new experimental laboratory for the interaction of up to 40 participants and simultaneous high-resolution measurement of the heart rate, skin resistance, and other physiological parameters will be established with funding by the German Research Council (DFG). "Then, it will be possible to study larger and more complex scenarios in more detail," says Adam. "Maybe, we will soon be able to study the emotional side of financial markets and other decision-finding processes with many market participants."

###

Link to the paper: http://dx.doi.org/10.2753/JEC1086-4415170201

Karlsruhe Institute of Technology (KIT) is a public corporation according to the legislation of the state of Baden-Wrttemberg. It fulfills the mission of a university and the mission of a national research center of the Helmholtz Association. KIT focuses on a knowledge triangle that links the tasks of research, teaching, and innovation.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Study: Time pressure enhances thrill of auctions [ Back to EurekAlert! ] Public release date: 3-Jan-2013
[ | E-mail | Share Share ]

Contact: Monika Landgraf
presse@kit.edu
49-721-608-47414
Helmholtz Association of German Research Centres

Emotions influence economic decisions / Internet auctions use this effect to offer more entertainment and thrill

This press release is available in German.

Shopping is more than the rational exchange of goods against money. Emotions, however, do not only play a role when buying a red sports car or the fiftieth pair of shoes. At the stock exchange or during auctions, bidders also are often influenced by irrational motives. In the current issue of the International Journal of Electronic Commerce, KIT scientists point out that the end price of auctions depends on the framework conditions and the emotional pressure of the bidders (DOI 10.2753/JEC1086-4415170201).

The study with more than 90 test persons simulated the so-called Dutch auction that is usually used for selling flowers. The item being sold is initially offered at a very high price. This price is lowered in decrements until a bidder accepts the current price. He gets the item at this price and the auction is completed. "The Dutch auction is clearly structured and dynamic at the same time. It represents an excellent research scenario," explains Dr. Marc Adam of Karlsruhe Institute of Technology. Adam and his colleagues, Dr. Jan Krmer and Professor Christof Weinhardt, found that a rapidly falling price leads to a lower end price and to a higher excitement of the bidders.

Excitement is reflected by the measured heart rates and skin resistances of the participants. "Our experimental setup closes the gap in observation," says Adam. So far, the brain areas responsible for emotions have been examined using magnetic resonance tomographs, while the test persons bade against an electronic counterpart. Or participants in multi-person simulations have reported about their subjective feelings after the auction. Thanks to modern measurement technology, it is now possible to measure highly resolved physiological data of many participants during an auction. "Measurements in a multi-person situation significantly increase accuracy and are much closer to reality," Weinhardt summarizes the added value of the new method.

After calibration, the pulse frequencies and skin resistances measured allow rather accurate conclusions to be drawn with respect to the excitement. In addition, it is possible to verify hypotheses other than quicker auctions leading to lower end prices and enhanced excitement of the bidders. "Our data also show that the bidders, after having reached a certain excitement, try to further enhance their thrill by delaying their bid," Adam says. Based on the heart frequency and skin conductance, it was also found that winning the auction yields a weaker physiological reaction than going away empty-handed. "In other words: Losing is worse than the good feelings associated with winning."

The results may also be applied to other types of auctions. Examples are classical auctions, where excitement may lead to the expenses being higher than planned. Or internet auctions that are not simply used to obtain a good required, but also offer entertainment and emotions. "Internet auction platforms are highly skilled in enhancing the thrill, entertainment, and excitement by the course of the auction and advertisements," says Adam. "In the academic world, by contrast, economic models were based for a very long time on the purely rational human being, the homo oeconomicus. Our study reveals that emotions also play an important role."

The study is based on a series of auctions among six test persons. Soon a new experimental laboratory for the interaction of up to 40 participants and simultaneous high-resolution measurement of the heart rate, skin resistance, and other physiological parameters will be established with funding by the German Research Council (DFG). "Then, it will be possible to study larger and more complex scenarios in more detail," says Adam. "Maybe, we will soon be able to study the emotional side of financial markets and other decision-finding processes with many market participants."

###

Link to the paper: http://dx.doi.org/10.2753/JEC1086-4415170201

Karlsruhe Institute of Technology (KIT) is a public corporation according to the legislation of the state of Baden-Wrttemberg. It fulfills the mission of a university and the mission of a national research center of the Helmholtz Association. KIT focuses on a knowledge triangle that links the tasks of research, teaching, and innovation.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-01/haog-stp010313.php

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