Happy Spring!! Although it may not look like it or feel like it, spring has arrived here in Boston!
We talked about all the things that symbolize spring here including, birds singing, flowers and trees blooming. 381 more words
If you look at the research literature on self-serving biases, it’s little surprise that critical thinking – much needed in today’s world – is such a challenge. 75 more words
My dad was a pack rat. Like many of his generation, he kept everything – just in case he might need it some day. And by everything, I mean balls of string, twist ties, glass jars, plastic bags and containers, old electronics, magazines, paint, wire, elastics, paper, nails, screws. 619 more words
I cover the endowment effect as part of the Behavioural Economics course that I teach. The example that I use was aired on the PBS TV channel and was an experiment at the University of Chicago where students are told to work out how much they would be prepared to pay for a travel mug – they offered an average price of US$6 per mug. 574 more words