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Impatient People Have Lower Credit Scores
Is there a psychological reason why people default on their mortgages? A new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, finds that
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Why Do We Give? Not Why Or How You Think
NPR: New findings in the science of charity reveals some counter-intuitive results. For instance, people will give more money to a single suffering person than to a population of suffering people, and also give more
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Understanding the Psychological Science Behind Negotiations
This week, the deficit reduction supercommittee failed to reach a consensus in creating a plan to reduce the national deficit by at least $1.2 trillion. Psychological science can provide some insights into the difficulties faced
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A defense for Thanksgiving
The Washington Post: Thanksgiving is under assault. Stores that once closed their doors in deference to the holiday are now touting Turkey Day deals starting as early as 9 p.m. Workers who should be on
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Wealth inequality: also going up
The Washington Post: Of late, James Pethokoukis, the American Enterprise Institute’s resident economics blogger, has been attempting to “close the case on the inequality myth.” Wednesday’s edition argues that it doesn’t really matter if income
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Beautiful people ‘likely to earn more money’
The West Australian: Beauty is in the eye of the beholder. Beauty is only skin deep. The list of adages goes on and on, but a new book written by an economics professor at the
