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
 

  • Use it or lose it: Active learning improves cognitive learning in active adults

  • Good bedtime habits equal better sleep for kids

  • Ads effective even in the midst of multitasking, studies find

  • Chronic insomniacs may face increased risk of hypertension

  • Largest-ever autism genome study finds most siblings have different autism-risk genes

  • Possible therapeutic target for common, but mysterious brain blood vessel disorder

  • Higher dementia risk linked to more use of common drugs

  • Girls lead boys in academic achievement globally

  • Students master math through movement using Kinect for Windows

  • Phase 1 clinical trial of CUDC-101 'throws kitchen sink' at head and neck cancer

  •