Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Trading emotionally? Here's a warning
Source: Agencies |
October 14, 2009, Wednesday
|
Print Edition
Print Edition
IT'S said that greed pushes investors to buy stocks when they're overpriced, while fear drives sales when stocks are at or near a bottom.
With that in mind, Philips Electronics has teamed up with a Dutch bank to develop a system warning home traders when they're about to make a decision to buy or sell stocks while feeling overly emotional. It's called "The Rationalizer," and a test model is on display at an innovation summit in Brussels this week.
It consists of an "EmoBracelet" that looks like it might come out of a science fiction film, and an light-emitting "EmoBowl" that rests near a trader's computer.
The bracelet supposedly feels emotional states and sends radio signals to the bowl. As the user's feelings intensify, the bowl glows yellow, orange and finally, red.
The emotion-detecting technology is a "galvanic skin response sensor."
"It's a very nice way of saying it measures the way you sweat," Philips' design arm director Geert Christiaansen said. He said the technique was surprisingly fast and accurate at detecting a person's emotional levels, though it doesn't distinguish between positive or negative feelings.
Paul Iske, who works for ABN Amro bank, said the system was favorably received by testers, and proved especially useful for men.
"Women are less emotional investors," he said. "Men have too much attachment to the underlying assets. Women don't have that as much."
The companies won't getting a product onto the shelves in time for Christmas.
"You may see bits and parts of the design in many products," Christiaansen said, "but not for years to come."
With that in mind, Philips Electronics has teamed up with a Dutch bank to develop a system warning home traders when they're about to make a decision to buy or sell stocks while feeling overly emotional. It's called "The Rationalizer," and a test model is on display at an innovation summit in Brussels this week.
It consists of an "EmoBracelet" that looks like it might come out of a science fiction film, and an light-emitting "EmoBowl" that rests near a trader's computer.
The bracelet supposedly feels emotional states and sends radio signals to the bowl. As the user's feelings intensify, the bowl glows yellow, orange and finally, red.
The emotion-detecting technology is a "galvanic skin response sensor."
"It's a very nice way of saying it measures the way you sweat," Philips' design arm director Geert Christiaansen said. He said the technique was surprisingly fast and accurate at detecting a person's emotional levels, though it doesn't distinguish between positive or negative feelings.
Paul Iske, who works for ABN Amro bank, said the system was favorably received by testers, and proved especially useful for men.
"Women are less emotional investors," he said. "Men have too much attachment to the underlying assets. Women don't have that as much."
The companies won't getting a product onto the shelves in time for Christmas.
"You may see bits and parts of the design in many products," Christiaansen said, "but not for years to come."
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
