The Morning Breeze w/ Carolyn McArdle & Cort Johnson

The Morning Breeze w/ Carolyn McArdle & Cort Johnson

The Morning Breeze on 98.1 The Breeze in San FranciscoFull Bio

 

Study shows people are likely to return lost wallets!

If you found a wallet on the street, would you return it?

That's the question behind a new report that studies human behavior when people are placed in a situation to return a wallet with valuables inside, and the results are not what you might think.

The wallets contained either no cash or the equivalent of $13.45 U.S. dollars. The wallet was returned 11% more often when it had money inside. However, researchers thought the high return rate might be because there wasn't a significant amount of money in order for the employee to keep it, so in the United States, United Kingdom and Poland, they added a third variable – the equivalent of $94.15, or seven times the original amount. 

Wallets containing the largest amount of money were returned 72% of the time, 11% more than the $13.45 wallets and 26% more than the cashless wallets.

Jack and Carolyn talked about it on the air! Listen below:


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