A sample of research exploring links between income inequality and psychological health and ethical free riding. More
A sample of research exploring links between income inequality and psychological health and ethical free riding. More
THAT human beings often continue to pour money into bad projects because they have already invested in them and cannot bring themselves to lose that investment is well known. Indeed the sunk-cost fallacy, as this phenomenon is called, is frequently cited as an example of people failing to behave in More
University of Chicago economist Richard H. Thaler, whose work has roots in the groundbreaking research of APS William James Fellows Daniel Kahneman and Amos Tversky, received the Nobel Prize in Economic Sciences on December 10 from King Carl XVI Gustaf of Sweden. Thaler collaborated extensively with Kahneman, who himself received More
New research shows that a person’s social class is communicated in very brief interactions and maybe even in a few words. More
People with autism spectrum conditions are often less sensitive to contextual information in perceptual tasks, but this may lead to more consistent choices in high-level decision-making tasks. More
World financial markets tend to spike just before holidays, new research suggests this may be because “holiday euphoria” prompts impulsive behavior. More