Reverse engineering cash: Coin designs mark out high value differentials and coin sizes track values logarithmically

Pavlek, Barbara; Winters, James; Morin, Olivier

doi:10.1016/j.cognition.2020.104182

Cited by 4 publications

(2 citation statements)

References 29 publications

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“…Two main lines of research have investigated informativeness in the conventions that bind meanings to signals. One considers the costs and benefits of informativeness: more precise words tend to be longer and more costly to produce and process [1,3,5], partly explaining why informativeness is so unevenly distributed among words (this reasoning also applies to nonlinguistic symbols, such as coin designs [6]). The second research tradition considers diachronic changes in word meanings: historical trends that lead to semantic narrowing, or the opposite, semantic broadening [7].…”

Section: Cultural Evolution Of Precise and Consensual Semantic Convenmentioning

confidence: 99%

Cultural evolution of precise and consensual semantic conventions in a multiplayer gaming app

Morin¹,

Müller

Morisseau³

et al. 2020

Preprint

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The amount of information conveyed by linguistic conventions depends on their precision, yet the codes that humans and other animals use to communicate are quite ambiguous: they may map several vague meanings to the same symbol. How does semantic precision evolve, and what are the constraints that limit it? We studied the evolution of semantic conventions, in the form of variable mappings between symbols and their referents, in a multiplayer gaming app built around a referential communication game, where a sender had to indicate a colour to a receiver, using only black and white symbols. We expected that the players’ mappings between symbols and colours would grow more specific over time, precision being measured as sense entropy, through a selection process whereby precise mappings are preferentially copied. We found that players become increasingly more precise in their use of symbols over the course of their careers. This trend did not, however, result from selective copying of precise mappings. We explore the implications of this result for the study of lexical ambiguity, Zipf’s Law of Meaning, and disagreements over semantic conventions.

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Section: Cultural Evolution Of Precise and Consensual Semantic Convenmentioning

confidence: 99%

Cultural evolution of precise and consensual semantic conventions in a multiplayer gaming app

Morin¹,

Müller

Morisseau³

et al. 2020

Preprint

Self Cite

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“…On the other hand, coins are representations of amounts of money that differ in physical features such as size and colour. It has been observed that, in general, coins are designed to favour the distinctiveness between them and the monetary value they reflect (e.g., Pavlek et al, 2020 ). Regarding the physical features of coins, several studies have evaluated the relationship between size and monetary value (Fitousi, 2010 ; Goldman et al, 2012 ; Hasegawa, 2020 ; Peetz & Soliman, 2016 ).…”

Section: Introductionmentioning

confidence: 99%

The value of banknotes: relevance of size, colour and design

Ojedo

Macizo

2022

Psychological Research

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In the current study, we evaluate the relevance of three physical features when people retrieve the monetary value of banknotes. To this end, three monetary comparison tasks were designed in which in each trial a pair of banknotes were presented and participants selected the one with higher monetary value. In each task, a different banknote feature (size, colour and design) was examined and a congruent and an incongruent condition (the value of the physical feature corresponded or not to its actual value, respectively) were compared to a neutral condition (no information about the physical feature was provided). We found a pattern of facilitation and interference effects which suggests that size is the most relevant physical feature for accessing the monetary value of banknotes followed by colour. However, the availability of a variety of designs across banknotes seemed not to facilitate the performance of the task, but rather the opposite, hindering the monetary comparison task.

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Count on the €uro! Interference between the size and the value of the coins in the judgment of the monetary value

Politi,

Cruise,

Schiltz

et al. 2024

Journal of Cognitive Psychology

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Reverse engineering cash: Coin designs mark out high value differentials and coin sizes track values logarithmically

Cited by 4 publications

References 29 publications

Cultural evolution of precise and consensual semantic conventions in a multiplayer gaming app

Cultural evolution of precise and consensual semantic conventions in a multiplayer gaming app

The value of banknotes: relevance of size, colour and design

Count on the €uro! Interference between the size and the value of the coins in the judgment of the monetary value

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