Philips Electronics and a Dutch bank have teamed up to develop a system to alert stock traders when they might be about to make a bad decision.
The system is called "The Rationalizer," and it consists of an EmoBracelet and an EmoBowl. The way it works: The bracelet senses emotional states, and sends radio signals to the bowl. As the user’s feelings intensify, the bowl glows yellow, orange, and finally warning red, alerting the trader that he might be about to make a decision based on emotion, not logic.
It works by way of a galvanic skin response sensor, which a Philips spokesman said was a "nice way of saying it measures the way you sweat."
We tend to make bad decisions when we don’t have peace. Colossians 3:15
When it comes to making decisions, we should be patient. Better a patient man than a warrior, a man who controls his temper than one who takes a city. Proverbs 16:32
Reference: The Associated Press, "Emotional investor? Try using the rationalize," rss.msnbc.msn.com (10-14-09); "‘Rationalizer’ bracelet tells traders when they’re stressed," physorg.com (11-17-09)