http://medicalxpress.com/news/2015-01-olfactory-fragrance-lavender.html

This is an interesting study, but the authors of this study write quite a bit about how the experiment could be improved upon. I wonder as well how much of the Affect Grid especially was influenced by the fairly common knowledge of the effects of lavender and peppermint.

The “trust game” used in the experiment is also known as the game made up to help demonstrate Game Theory created by John von Neumann. Business students like myself are taught this game generally within the realm of economics to the end that rational people will try to optimize their benefit, and to teach the Nash equilibrium, which is when everyone involved in a situation is making a decision that takes into account everyone else’s choices, and an individual cannot stand to benefit from changing their strategy.

Sometimes, when the game is set up so that being unified in every decision results in the highest reward, a sort of positive Nash equilibrium that wasn’t really demonstrated in Game Theory’s conception which indicated unity as a neutral state, it’s used to teach business students not to step on each other on the path to success. That working together instead of indulging our innate competitiveness, we stand to have win-win situations instead of win-lose.

Perhaps the next time I need to negotiate for something, I should put some of Caldey’s Island Lavender on and the game will swing in my favor, or maybe it will just make me the sucker, and I’ll end up risking too much as a result of my own inclusive state of mind.