Finding counterfeited banknotes: the roles of vision and touch

Abstract Central banks incorporate various security features in their banknotes to enable themselves, the general public, retailers and professional cash handlers to detect counterfeits. In two field experiments, we tested central bank counterfeit experts and non-experts (the general public) in thei...

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Main Authors: Frank van der Horst, Joshua Snell, Jan Theeuwes
Format: Article
Language:English
Published: SpringerOpen 2020-08-01
Series:Cognitive Research
Subjects:
Online Access:http://link.springer.com/article/10.1186/s41235-020-00236-3
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spelling doaj-40e1c73d53a743eb98c537991f0ec2b22020-11-25T02:58:57ZengSpringerOpenCognitive Research2365-74642020-08-015111410.1186/s41235-020-00236-3Finding counterfeited banknotes: the roles of vision and touchFrank van der Horst0Joshua Snell1Jan Theeuwes2De Nederlandsche Bank (DNB)Department of Experimental and Applied Psychology, Vrije UniversiteitDepartment of Experimental and Applied Psychology, Vrije UniversiteitAbstract Central banks incorporate various security features in their banknotes to enable themselves, the general public, retailers and professional cash handlers to detect counterfeits. In two field experiments, we tested central bank counterfeit experts and non-experts (the general public) in their ability to detect counterfeited euro banknotes. We varied exposure duration and perceptual modality (sight, touch or both). The counterfeit banknotes were actual counterfeits taken out of circulation. Experiment 1, in which participants only viewed the banknotes, showed that experts did reasonably well in detecting counterfeits even when exposure duration was limited to 500 ms. Non-experts did not reach the criterion for decent performance, marked by d’ = 1.25, although they did perform above chance. In Experiment 2, participants could both see and touch the banknotes, which resulted in better performance especially with longer exposure durations. The main finding of the current study is that visual information mostly impacts the decision-making process during the first glance, whereas tactile information increasingly aids performance as it continues to be accrued over time. Implications for the design of security features of new banknotes are discussed.http://link.springer.com/article/10.1186/s41235-020-00236-3AttentionDecision-makingGistVisionTouchAuthentication
collection DOAJ
language English
format Article
sources DOAJ
author Frank van der Horst
Joshua Snell
Jan Theeuwes
spellingShingle Frank van der Horst
Joshua Snell
Jan Theeuwes
Finding counterfeited banknotes: the roles of vision and touch
Cognitive Research
Attention
Decision-making
Gist
Vision
Touch
Authentication
author_facet Frank van der Horst
Joshua Snell
Jan Theeuwes
author_sort Frank van der Horst
title Finding counterfeited banknotes: the roles of vision and touch
title_short Finding counterfeited banknotes: the roles of vision and touch
title_full Finding counterfeited banknotes: the roles of vision and touch
title_fullStr Finding counterfeited banknotes: the roles of vision and touch
title_full_unstemmed Finding counterfeited banknotes: the roles of vision and touch
title_sort finding counterfeited banknotes: the roles of vision and touch
publisher SpringerOpen
series Cognitive Research
issn 2365-7464
publishDate 2020-08-01
description Abstract Central banks incorporate various security features in their banknotes to enable themselves, the general public, retailers and professional cash handlers to detect counterfeits. In two field experiments, we tested central bank counterfeit experts and non-experts (the general public) in their ability to detect counterfeited euro banknotes. We varied exposure duration and perceptual modality (sight, touch or both). The counterfeit banknotes were actual counterfeits taken out of circulation. Experiment 1, in which participants only viewed the banknotes, showed that experts did reasonably well in detecting counterfeits even when exposure duration was limited to 500 ms. Non-experts did not reach the criterion for decent performance, marked by d’ = 1.25, although they did perform above chance. In Experiment 2, participants could both see and touch the banknotes, which resulted in better performance especially with longer exposure durations. The main finding of the current study is that visual information mostly impacts the decision-making process during the first glance, whereas tactile information increasingly aids performance as it continues to be accrued over time. Implications for the design of security features of new banknotes are discussed.
topic Attention
Decision-making
Gist
Vision
Touch
Authentication
url http://link.springer.com/article/10.1186/s41235-020-00236-3
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