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Thoughts of Hopes, Opportunities Keep People From Clinging to Failing Investments
It’s a common problem in the business world—throwing good money after bad. People cling to bad investments, hoping that more time, effort, and money will rescue their turkey of a project. A new study published
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How to quit smoking? Think about smoking
I quit smoking many years ago, but even today I can recall the unpleasantness of that time—the cravings, the obsessive thoughts. My strategy was to keep my mind and body busy all the time, in
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Hazardous Thinking
Much of the attention given to risky behavior focuses on affect — how that drink or cigarette will make one feel. But what about cognition? Cognitive processes like prediction, planning, reasoning, and memory also play
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Why (some) people drown their sorrows
Imagine that you just lost your job. The bad news came without warning—a company downsizing. You’re one more casualty of the recession. So naturally you’re feeling lousy, and what’s more, you need to go home
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Evolving From a ‘Knowledge Economy’ to a ‘Creativity Economy’
Traditionally, creativity has been most often associated with the arts. In some circles, it can even have a negative connotation (think “creative accounting” — Google Enron for details). However, business organizations actually depend on creativity
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The ignorant and the furious: video and catharsis
The Greek philosopher Aristotle had many original and enduring ideas, but he didn’t get everything right. One idea that’s been pretty much debunked by modern psychology is catharsis. Catharsis is the notion that we can
