Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (599)	8/7/1998 12:23:00 PM
From: Ed Brynes	Respond to of 1722

I checked the effect of various scale factors on the first 35 prices in amplification of my previous experiment. Translating dollars to marks (1.77 to the dollar) I got 11 out of 35 beginning with 1. Using British pounds, I got 13 of 35; using a multiple of 2, 9 of 35; of 3, 5 of 35; of 4, 9 of 35; of 5, 11 of 35; of 6, 12 of 35; of 7, 11 of 35; of 8, 11 of 35; of 9, 10 of 35. So we do have a confirmation of B's law here, I admit. But there must be some kind of psychological issue here, perhaps something about the way people measure or scale values is related to what they perceive. (The law definitely does not work, for example, on the last 4 figures of telephone numbers, probably because they do not represent quantities.) I have a recollection of the Weber-Fechner law of psychology concerning the response to a stimulus being logarithmic.