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Why We Think We’re Better Investors Than We Are
The New York Times: From their earliest days, the loosely confederated research efforts that came to be known as behavioral economics spawned a large quantity of studies centered on securities investment. This was not because the field’s pioneers were especially interested in stocks and bonds, nor was the early research commonly underwritten by financial services firms.
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The American Dream Is Alive and Well, Just Not So Much in America
TIME: Millions of immigrants have flocked to the United States in the hopes of making better lives for themselves. Nowadays, however, people hoping to achieve the iconic “American Dream” could be better off heading to Australia or Germany. That’s the central finding according to a recent study published in Psychological Science, which examined the influence of genetic factors on intelligence measures like aptitude and achievement, which are used to predict success at school and work. The researchers specifically wondered whether how these genetic influencers would differ between low and high levels of socioeconomic status, and whether the results would differ across countries.
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The Challenges of Driving While Dyslexic
Street signs are almost as old as roads themselves. Evidence for road signs goes at least as far back as ancient Rome, where milestones along roads were inscribed with information to help travelers navigating their way across the huge Roman Empire. Since the invention of the automobile, drivers have been lobbying for ways to make road signs easier to read at highway speeds. In 1895, the Italian Touring Club kicked off the call for better European road signs, and in 1905 the state of New York began systematically installing road signs throughout in the US. Virtually no research went into ensuring that these early road signs were actually legible for drivers.
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Suppressing traumatic memories can cause amnesia, research suggests
The Guardian: Suppressing bad memories from the past can block memory formation in the here and now, research suggests. The study could help to explain why those suffering from post-traumatic stress disorder (PTSD) and other psychological conditions often experience difficulty in remembering recent events, scientists say. Writing in Nature Communications, the authors describe how trying to forget past incidents by suppressing our recollections can create a “virtual lesion” in the brain that casts an “amnesiac shadow” over the formation of new memories.
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What Research Says about Defeating Terrorism
Scientific American: Terrorism is as old as history and almost certainly older. In 68 B.C., for instance, the Roman city of Ostia, a vital port for one of the world's earliest superpowers, was set on fire by a band of thugs. They destroyed the consular war fleet and, rather embarrassingly, kidnapped two leading senators. Panic ensued—the same panic that has now been recapitulated down the centuries, courtesy of such terror groups as the Irish Republican Army, the Palestine Liberation Organization, the African National Congress, the Liberation Tigers of Tamil Eelam, al Qaeda and, most recently, ISIS. ...
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Why Virginia Basketball Will Make You Yawn
The Wall Street Journal: Everyone in the NCAA tournament has a pre-game routine, and they’re willing to entertain almost anything if it has the right psychological effects. Virginia guard Malcolm Brogdon, though, prepares for the opening tip in what may be the strangest way possible. “I’ve never met a player,” said teammate Marial Shayok, “who yawns on a consistent basis.” This is how one of college basketball’s best players gets ready for games: He yawns. It’s a habit that Virginia fans have begun anticipating and some of Brogdon’s teammates have seen so often that they barely notice anymore. The first time Shayok witnessed it, however, he couldn’t believe his eyes.
