Latest News

Common bias known as 'endowment effect' not present in hunter-gatherer societies

Psychology and behavioral economics have experimentally identified a laundry list of common biases that cause people to act against their own apparent interests. One of these biases -- the mere fact of possessing something raises its value to its owner -- is known as the "endowment effect." A new interdisciplinary study has delved into whether this bias is truly universal, and whether it might have been present in humanity's evolutionary past.
View full story

Post your comment.

Name:
Email:
Rating:
Comment:
Verification
 

  • Puccini?s ?exotic inspiration?:Unusual source of Madam Butterfly's melodies revealed

  • Online reader comments can provide valuable feedback to news sites

  • Pinpointing mutations in a relapsed children's cancer may lead to improved treatments

  • Infection with Wolbachia bacteria curbs fighting among fruit flies

  • Rapid response to kids' stroke symptoms may speed diagnosis

  • Commonly prescribed drugs affect decisions to harm oneself and others

  • Long-term memories are maintained by prion-like proteins

  • Do you really think you're a foodie?

  • Water to understand the brain

  • Can autism be measured in a sniff?

  •