Change Masters Incorporated - The Blog

World class coaching delivered around the world™

  • Blog
  • Home
  • Sign-up for News and Tips
  • Change Masters Academy
  • Our Book
You are here: Home / Executive Presence / Lost Your Wallet?

Lost Your Wallet?

September 12, 2019 By Tom Mungavan Leave a Comment

If you lose your wallet with money and a key in it, how likely are you to get it returned?  Berkley researchers addressed that question by conducting a test in 350 cities across the globe. They had some surprising results.

Lost wallet
Lost Wallet


Each wallet contained a clear ID with an email address, a grocery list written in the local language, (suggesting the owner lived locally), a key, and either no money or a small amount of money.

A wallet with money is most likely to be returned, and including a key increases the likelihood. An article by Jill Suttie outlined some of the conclusions the researchers found; such as more money increased the probability of return.

False Expectations

The expectations in designing the research was that the money would disappear most quickly. The study found that people’s desire to do the right thing was a very powerful force. The return rate was highest in wealthy, highly educated, and more democratic countries, although they were not able to prove a direct relationship.

They were able to rank which countries had the highest and lowest wallet return results. The lowest rates of return were in China and Morocco at 14%. The highest rate was 76% in Switzerland and Norway.

The studies made were anonymous so the individuals were not likely to be caught if they did not return the wallet. The study concluded that people’s altruistic concern for the wallet owner played a key role, according to David Tannenbaum, one of the study’s authors. Most people considered keeping the money or wallet as stealing.

Similar results of empathy impacting behavior is that doctors who were exposed to patients who died from narcotic overdose were less inclined to prescribe opioids to their future patients.

Believing Others Are Honest

When we are living in a culture where there is a feeling of trust and mutual support, the work environment can be much more productive.  Recognizing that there is an important part of human nature that is more altruistic than greedy builds a more productive culture.

My personal belief is that if I lean toward trusting others, I will be taken advantage of ten percent of the time. The other 90% is more rewarding because of the positive expectations. It is a reasonable trade-off most of the time.

Filed Under: Executive Presence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us!

Follow Us on  FacebookFollow Us on  LinkedIn

Signup for Tips and News from Change Masters

 

Archives

  • June 2025
  • May 2025
  • April 2025
  • February 2025
  • May 2024
  • April 2024
  • March 2024
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • March 2013
  • February 2013

Change Masters Incorporated & Change Masters Academy © 2026