Keeping more money in wallets make it safe: Study
London : A new study has found that the people across the globe decide to return the lost wallet that has more money in it.
Published in Journal of Science, honesty was found increased with the rising incentive to cheat.
Alain Cohn et al, one of the researchers, wanted to more rigorously evaluate trade-offs between honesty and self-interest, teasing apart the motivations for the former among people handling 'missing' property.
As mentioned in the study, 51% of the people returned lost wallets with less money; however, when the sum of money was increased in the wallet the return rate went up to 72%.
The results, a measure of overall rates of civic honesty across the globe, offer a demonstration of how the people's inclinations to show concern for others can be greater than their preferences for self, though that's not the whole story, researchers said.
"The psychological forces -- an aversion to not viewing oneself as a thief -- can be stronger than the financial ones," said co-author Michel Andre Marechal.
So next time you are taking your wallet out, make sure you have more money in it to keep it safe.