By the end of the study, pigeons were pecking a food lever up to five times per second “for as long as fifteen hours without pausing longer than fifteen or twenty seconds during the whole period.”
B.F. Skinner made a pigeon lose its mind.
http://www.collaborativefund.com/blog/t ... certainty/
Researcher used Pigeons to see how the brain reacts to incentives
Fixed incentive - Brain doesn't get excited and slips into routine
Changing incentive - Brains gets excited tries to solve puzzle
Variable interval and payoff - Brains goes crazy and gets addicted
Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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