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The Cost of Racial Bias in Economic Decisions
When financial gain depends on cooperation, we might expect that people would put aside their differences and focus on the bottom line. But new research suggests that people’s racial biases make them more likely to
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How to save more money: It’s a matter of time
Americans are living precarious lives. Nearly half of all families—many with homes and cars and jobs—are one misfortune away from financial disaster. A medical emergency or even a temporary loss of employment could gobble up
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The Limits of Memory for Witnesses of Crime
Pacific Standard: Armed robbery. Bank hold-ups. Sleight-of-hand shoplifting. While not all of these crimes are violent, what they all have in common is the sudden, stressful position they can often put eyewitnesses and victims in—namely
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Opferzahl bei Katastrophen bestimmt Spendenhöhe (Number of victims of disasters determine donations)
Die Welt: Die Zahl der Toten nach einer Naturkatastrophe hat mehr Einfluss auf die Spendenbereitschaft als die Zahl der Überlebenden. Das geht aus einer Studie der Rotterdam School of Management hervor, die im Fachjournal “Psychological
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Time is not money
The Economist: “The love of money”, St Paul memorably wrote to his protégé Timothy, “is the root of all evil.” “All” may be putting it a bit strongly, but dozens of psychological studies have indeed
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Poker pros’ arms betray their hands
ScienceNews: No bluff: In high-stakes matches, a poker face may not be good enough. Players may have to develop “poker arms” as well. When shown two-second video clips of the arms and hands of top
