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Hot hands and hoops: Irrational belief in the NBA
Professional basketball begins again next week, and dedicated fans will be happy to put last year’s labor disputes and lockout behind them. But many will also remember 2011-2012 as a magical season. It was the
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The more money we have, the fewer problems we see
The Washington Post: “Money doesn’t buy happiness” is a cliche for a reason. The Nobel laureate psychologist/economist Daniel Kahneman and Princeton economist Angus Deaton have found that “emotional well-being” (that is, what emotions people report
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Reasoning Is Sharper in a Foreign Language
Scientific American Mind: The language we use affects the decisions we make, according to a new study. Participants made more rational decisions when money-related choices were posed in a foreign language that they had learned
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The psychology of poverty
Marketplace: Imagine this: You’re at your child’s baseball game. You’ve got a deadline coming up tomorrow and its been a hard day. You want to focus on your child’s game, but you can’t. To some
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Being selfish makes us happy – so long as we avoid the guilt
The Telegraph: Although we are taught the benefits of kindness and altruism, it seems we are happiest when simply told to pursue our own self-interest. Researchers found the key to contentment is feeling we have
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Preferences influence choices we make
Asian News International: We come to place more value on the options we chose and less value on the ones we rejected be it choosing between presidential candidates or household objects, researcher say. One way
