Crushing morale, killing productivity – why do offices put up with meetings? Just off to a meeting? Stop right now. Turn back. You will be stuck in an overheated room, chained to a table for an absurd length of time … Continue reading Addicted to meetings
How short-term increases in testosterone change men’s thinking style The hot-headed “macho man”, who acts first and thinks later, has long been popular in movies. Now there’s psychological evidence to support it. A new study in the Psychological Science finds … Continue reading The macho man
Two Distinct Brain Regions Have Independent Influence on Decision-Making Often when we make a decision, we calculate its “expected value,” by multiplying the value of something (how much we want or need it) with the probability that we might be … Continue reading Brain specializations
When Are You Really Random? After Age 24 The ability to behave randomly can be a great asset. Think of the mouse trying to outrun a cat — moving in an erratic, unpredictable way makes it harder to catch. In … Continue reading Are you good at random tasks?
When behavioral economics meets a $700M Powerball jackpot Business Insider went out onto the streets of NYC and tried to buy people’s just-purchased Powerball tickets ahead of the $700 million drawing. They did not get many takers, even when offering … Continue reading Lottery sucks
Are New York Taxis Such a Bad Investment? I recently attended a private-equity conference where a speaker, a TV pundit, abruptly shifted from offering tidbits from the Trumposphere to random life advice: “You have to ask yourself whether you want to … Continue reading The yellow-cab economics
To Make Better Choices, Look at All Your Options Together We make thousands of decisions every day. Some are fairly simple — we decide when to wake up, what to have for breakfast, what to wear to work, which email … Continue reading Comparison and contrast