Tag Search Results: decision making
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  • Why Music Makes Our Brain Sing

    By Robert J. Zatorre and Valorie N. Salimpoor, The New York Times Music is not tangible. You can’t eat it, drink it or mate with it. It doesn’t protect against the rain, wind or cold. It doesn’t vanquish predators or mend broken bones. And yet humans have always prized music — or well beyond prized,...
     Posted by: brendah
  • Why Do Investors Make Bad Choices?

    Apr 9, 2014 By Cass R. Sunstein, Bloomberg View For many years, I have studied human behavior, including the mistakes occasionally made by fallible people, including investors. But a few years ago, I made a really dumb investment decision. In a single day, I hit the trifecta, committing at least three...
     Posted by: brendah
  • QnAs with Daniel Kahneman

    Nair, P. (2013). QnAs with Daniel Kahneman. PNAS. August 20, 2013 vol. 110 no. 34 13696 . Abstract: The science of human decision-making has long been a stronghold of psychologists. Among the voices that abound in the literature on how people make choices, one scholarly voice has remained strident through...
     Posted by: brendah
  • Six Ways Our Brains Make Bad Financial Decisions

    Dan Ariely and Nina Mazar, Special to The Globe and Mail We all do it: hold on to a stock when every indicator screams sell, or spend our entire bonus on a new car instead of paying off debt. A whole new area of science called behavioural economics, or BE – a blend of psychology, economics, finance and...
     Posted by: brendah
  • Making Markets Safer

    David Tuckett, Huff Post Business The following is excerpted from Minding the Markets: An Emotional Finance View of Financial Instability . The financial crisis of 2008 was ruinous. It has provoked many commentaries, articles and books. But will it produce change and can this change make a difference...
     Posted by: brendah
  • Creative Thinking: The roots of adult wisdom sink deep into childhood lessons

    By Mark Ballard, Special to The Telegraph When I was growing up, no matter what the situation or issue was, I could always talk to my parents to receive comfort and advice. Whether I had been mistreated in some way, needed to be reassured about something or simply wanted to know what I should do, both...
     Posted by: brendah
  • In Decision-Making, It Might Be Worth Trusting Your Gut

    By ScienceBlog Turns out the trope is true: You should trust your gut — as long as you’re an expert. So says a new study from researchers at Rice University, George Mason University and Boston College. “How expert someone is within a particular domain has a positive impact on their ability to make an...
     Posted by: brendah
  • Are financial advisers worth their fee? Commentary: Added value of portfolio planning — 1.8% per year

    By Chuck Jaffe, MarketWatch BOSTON (MarketWatch) — Investors have long wondered about whether it’s worth paying someone to mastermind a financial plan. After all, it’s tough to see how much a proper asset-allocation plan or the right withdrawal strategy really adds to performance. Now, new research from...
     Posted by: brendah
  • Do You Know When You're Wrong?

    by Katherine Harmon, Scientific American Gray Matter Shows Introspective Ability Is Not Black and White When answering a question, your accuracy in assessing whether you have gotten the answer right—or wrong—might depend on the volume of gray matter in a certain part of your brain, according to a new...
     Posted by: Anna Gomberg
  • Animal Communication Helps Reveal Roots of Language

    ByMichael Balter "Language leaves no traces in the archaeological record, and many researchers have been doubtful about how much animal communication could reveal about the unique features of human communication. That began to change in the 1990s, when linguists, evolutionary biologists, psychologists...
     Posted by: A. J. Stasic
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  • The Complex Relation Between Morality and Empathy (2014)

    Morality and empathy are fundamental components of human nature across cultures. However, the wealth of empirical findings from developmental, behavioral, and social neuroscience demonstrates a complex relation between morality and empathy. At times, empathy guides moral judgment, yet other times empathy...
    (Something interesting I found) Posted by: brendah
  • Practicing Medicine and Ethics: Integrating Wisdom, Conscience, and Goals of Care (2014)

    To practice medicine and ethics, physicians need wisdom and integrity to integrate scientific knowledge, patient preferences, their own moral commitments, and society's expectations. This work of integration requires a physician to pursue certain goals of care, determine moral priorities, and understand...
    (Something interesting I found) Posted by: brendah
  • Your Morals Depend on Language (2014)

    Abstract: Should you sacrifice one man to save five? Whatever your answer, it should not depend on whether you were asked the question in your native language or a foreign tongue so long as you understood the problem. And yet here we report evidence that people using a foreign language make substantially...
    (Something interesting I found) Posted by: brendah
  • Damage to Insula Abolishes Cognitive Distortions during Simulated Gambling (2014)

    Abstract: Gambling is a naturalistic example of risky decision-making. During gambling, players typically display an array of cognitive biases that create a distorted expectancy of winning. This study investigated brain regions underpinning gambling-related cognitive distortions, contrasting patients...
    (Something interesting I found) Posted by: brendah
  • The Biological Origin of “Self” (2014)

    "Everything should be as simple as it can be but not simpler!” ~ Albert Einstein The Biological Origin of “Self” In my book, The Buddha’s Teachings: Seeing Without Illusion, I explore the Buddha’s concept of Anatta, or no-self. I show that the Buddha described the concept of self as a relative,...
    (My publication) Posted by: rodger ricketts
  • Debiasing the Mind Through Meditation: Mindfulness and the Sunk-Cost Bias (2014)

    Abstract: In the research reported here, we investigated the debiasing effect of mindfulness meditation on the sunk-cost bias. We conducted four studies (one correlational and three experimental); the results suggest that increased mindfulness reduces the tendency to allow unrecoverable prior costs to...
    (Something interesting I found) Posted by: brendah
  • Developmental Reversals in Risky Decision Making: Intelligence Agents Show Larger Decision Biases Than College Students (2014)

    Abstract: Intelligence agents make risky decisions routinely, with serious consequences for national security. Although common sense and most theories imply that experienced intelligence professionals should be less prone to irrational inconsistencies than college students, we show the opposite. Moreover...
    (Something interesting I found) Posted by: brendah
  • What IS Mindfulness? A Perspective that the Buddha Taught. (2014)

    There is confusion among professionals about the meaning and application of the practise of Mindfulness. This 'blog' explores that topic and comes to the conclusion that the Buddha meant Sati or Mindfulness to mean a function similar to what is now called meta-cognition or executive brain function...
    (My publication) Posted by: rodger ricketts
  • Compensating Cognitive Capabilities, Economic Decisions, and Aging (2013)

    Abstract: Fluid intelligence decreases with age, yet evidence about age declines in decision-making quality is mixed: Depending on the study, older adults make worse, equally good, or even better decisions than younger adults. We propose a potential explanation for this puzzle, namely that age differences...
    (Something interesting I found) Posted by: brendah
  • Green by Default (2013)

    Excerpt: Suppose that in a relevant community, there are two sources of energy, denominated “green” and “gray.” Suppose that consistent with its name, “green” is better than gray on environmental grounds. Those who use green energy emit lower levels of greenhouse gases and also of conventional pollutants...
    (Something interesting I found) Posted by: brendah
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