A controlled voting system can help a community manage resources sustainably so that future generations can still enjoy them, according to a study published today in Nature1 and re-enacted in this Nature Video. Having empirical support for the long-held view that people are mostly cooperative could help to design better public policies aimed at preserving shared resources, such as clean air or fish stocks.
There’s plenty of evidence to suggest that people are not purely self-interested. But although economists have long studied how people cooperate in groups, they have not looked specifically at whether individuals are happy to share resources with future generations, who cannot return the favour
Tony Coady – Trusting Emotion, Trusting Reason: A False Dichotomy Practical Ethics (blog) Coady attributes this preoccupation with finding 'errors' and 'biases' to the extremely successful work of Kahneman and Tversky, who spent much of their...
When faith meets evidence, evidence doesn't stand a chance Irish Times Confronted with a conflict between evidence and what they want to believe for political and/or religious reasons, many people reject the evidence.
Why might individuals behave in ways that are known to have dire consequences for their long-term health and happiness? Behavioral economics provides a framework to understand when and how people make mistakes.
Investment magnate Warren Buffett has famously suggested that investors should try to "be fearful when others are greedy and be greedy only when others are fearful." That turns out to be excellent advice, according to the results of a new study by researchers at Caltech and Virginia Tech that looke...
Scientists at the Salk Institute have created a new model of memory that explains how neurons retain select memories a few hours after an event. This new framework provides a more complete picture of how memory works, which can inform research into disorders liked Parkinson’s, Alzheimer’s, post-traumatic stress and learning disabilities. “Previous models of memoryRead More
Thinking Slow About Thinking Fast – Part I Brain Blogger (blog) In recent years, our so-called irrational behavior has become a popular topic, and research from behavioral economics, psychology, and neuroscience has begun to be applied to...
Information designer Tom Wujec talks through three areas of the brain that help us understand words, images, feelings, connections. In this short talk from TEDU, he asks: How can we best engage our brains to help us better understand big ideas?
Imagine you’re a kind, submissive sort of mouse. Feel your whiskers sense the temperature and surfaces of your environment. Swish your body-length tail around. Test out the strength of your legs. Now, imagine you’re dropped into a cage with aggressive mice, and despite your amazing ability to ju
You’ve seen the advertisements here on Forbes and elsewhere: the curve is coming to a TV near you. It seems at first glance a simple innovation, in some ways even a predictable one. Watching commercials for Samsung’s new line of televisions, I find myself wondering why it’s taken this long [...]