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From Stress to Financial Mess: Study Suggests Acute Stress Affects Financial Decision Making
It is not surprising that as our economy continues its freefall, we are feeling increasingly more stressed and worried. Many of us are feeling extreme unease about the security of our jobs and being able
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Is That Your Final Answer? Study Suggests Method For Improving Individual Decisions
Herd mentality. Angry mob. Mass hysteria. As these phrases suggest, we are not always confident that a large group of people will come up with the smartest decisions. So it may be surprising to learn
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Is Difficult Better? Study Reveals We Tend to Ignore Simple Items While Pursuing Goals
Try the following experiment with two young children. To one child, hold a toy out just beyond their grasp and watch them bounce all over the place trying to reach it. With the second child
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If It’s Hard to Say, It Must be Risky
We all have different criteria for what we consider risky. However, numerous studies have suggested that we tend to perceive familiar products and activities as being less risky and hazardous than unfamiliar ones. If something
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Conscious vs. Unconscious Thought in Making Complicated Decisions
When faced with a difficult decision, we try to come up with the best choice by carefully considering all of the options, maybe even resorting to lists and lots of sleepless nights. So it may
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Why We Procrastinate and How To Stop
Research suggests that people who thought about a task in abstract terms were more likely to put it off.
