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What is it like to be schizophrenic?

CNN's Anderson Cooper tries to go through a normal day using a schizophrenia simulator.

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Omega Angell,CEO, MCA,CAMF,CPLC's curator insight, June 12, 9:47 PM

A lesson in empathy... CNN's Anderson Cooper tries to go through a normal day using a schizophrenia simulator.

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With My Right Brain
Irrationality is predictable. We need to release "rational man" assumption.
Curated by Emre Erdogan
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Prehistoric conflict hastened human brain's capacity for collaboration, study says | neuroscientistnews.com

Prehistoric conflict hastened human brain's capacity for collaboration, study says | neuroscientistnews.com | With My Right Brain | Scoop.it
Warfare not only hastened human technological progress and vast social and political changes, but may have greatly contributed to the evolutionary emergence of humans' high intelligence and ability to work together toward common goals, according to...
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Rescooped by Emre Erdogan from Bounded Rationality and Beyond
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Music’s Amazing Effect on Long-Term Memory and Mental Abilities In General

Music’s Amazing Effect on Long-Term Memory and Mental Abilities In General | With My Right Brain | Scoop.it
The fascinating effect of music on people’s cognitive abilities.

Professional musicians show superior long-term memory compared with non-musicians, a new study finds.

Their brains are also capable of much faster neural responses in key areas of the brain related to decision-making, memory and attention.

The results were presented at the Society for Neuroscience annual meeting in Washington, DC (Schaeffer et al., 2014).

Professional musicians show superior long-term memory compared with non-musicians, a new study finds.


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Implications of behavioural economics for financial literacy and public policy

Abstract

This paper summarizes and highlights different methodological approaches to behavioural economics in the context of the conventional economic wisdom and the implications of these different methodological approaches for financial literacy, related institutional change, and public policy. Conventional economics predicts no substantive improvement from improvements to financial literacy. The errors and biases approach to behavioural economics suggests limited improvements to decision making from financial education as errors and biases are largely hardwired in the brain. Government and expert intervention affecting individual choice behaviour is recommended. The evidence suggests that the bounded rationality approach to behavioural economics, with its focus on smart decision makers and the importance institutional and environment constraints on decision making, is the most promising lense through which to analyse financial decision making. From this perspective, financial decision making can be improved by providing decision makers with better quality information presented in a non-complex fashion, an institutional environment conducive to good decisions, an incentive structure that internalize externalities involved in financial decision making, and financial education that will facilitate making the best use of the information at hand within a specific decision-making environment.


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Electric shock study suggests we'd rather hurt ourselves than others

Electric shock study suggests we'd rather hurt ourselves than others | With My Right Brain | Scoop.it
Volunteers are willing to endure pain for profit, but tend to spare other people
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Everything Is a Meme

Everything Is a Meme | With My Right Brain | Scoop.it
n the years preceding the financial crisis of 2008, certain key phrases appeared over and again in the public discourse on investing.

One that stands out in my mind is that home prices in the United States haven’t declined nationally since the Great Depression. The phrase appeared in television commentary by pundits, statements by Federal Reserve officials, in analyst reports, and in private conversations with Wall Street analysts.

I discovered the phrase yet again when studying securities ranging from housing stocks like KB Home (KBH), to large international banks like Citigroup (C), to government-sponsored entities like Fannie Mae, to mortgage companies like Countrywide Financial, to insurer and major credit default swap underwriter AIG.

Via Alessandro Cerboni
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Separate neural representations for physical pain and social reject... - PubMed - NCBI

Nat Commun. 2014 Nov 17;5:5380. doi: 10.1038/ncomms6380.
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Neuroscience of Taste: Chef's Creations Delight the Senses

Neuroscience of Taste: Chef's Creations Delight the Senses | With My Right Brain | Scoop.it
Whether it's a smell that reminds you of your mother's holiday apple pie, or the taste of an oyster that evokes the sights and sounds of the ocean, chef Bryan Voltaggio's cooking aims to transport people to a much-loved place or evoke a fond memory.
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Getting Children Out of Poverty Requires a Two-Generation Approach

Getting Children Out of Poverty Requires a Two-Generation Approach | With My Right Brain | Scoop.it
A new strategy is emerging that recognizes the importance of creating opportunity for the entire family, coordinating programs and policies so that parents and children have a chance to succeed -- together....
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Rescooped by Emre Erdogan from Brain Tricks: Belief, Bias, and Blindspots
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10 Cities Visualized By How Cleanly Their Streets Are Laid Out

10 Cities Visualized By How Cleanly Their Streets Are Laid Out | With My Right Brain | Scoop.it
London's streets run every which way, while Chicago is all north-south right angles. Can you find your city?

Via Jocelyn Stoller
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How Humans Behave -Libertarian paternalism is not an oxymoron


Via Alessandro Cerboni
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Social Comparison and Peer effects with Heterogeneous Ability

Abstract: Whether and how the observability of a coworker’s effort influences an employer’s wage decisions and workers’ effort decisions is a central issue for labor organizations. We conduct an experiment using a three-person gift-exchange game to investigate this matter in the context of wage transparency and heterogeneous abilities. We find that showing a coworker’s effort increases both wages and the difference in wages between two heterogeneously skilled workers when the more able worker is observed. The knowledge of a coworker’s effort increases the level of reciprocity exhibited by observed workers (peer effects), whereas it reduces that exhibited by workers who are observers. Overall, displaying coworker’s effort has a beneficial effect on reciprocity. Regardless of their ability, workers exert levels of effort that are positively related to those of their coworkers. This strategic complementarity of efforts is partially explained by inequity aversion.


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Neuroscience Reveals The Deep Power of Human Empathy — PsyBlog

Neuroscience Reveals The Deep Power of Human Empathy — PsyBlog | With My Right Brain | Scoop.it
Without empathy, human beings are lonely, disconnected creatures.
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Nonconscious activation of placebo and nocebo pain responses

Nonconscious activation of placebo and nocebo pain responses | With My Right Brain | Scoop.it

ABSTRACT

The dominant theories of human placebo effects rely on a notion that consciously perceptible cues, such as verbal information or distinct stimuli in classical conditioning, provide signals that activate placebo effects. However, growing evidence suggest that behavior can be triggered by stimuli presented outside of conscious awareness. Here, we performed two experiments in which the responses to thermal pain stimuli were assessed. The first experiment assessed whether a conditioning paradigm, using clearly visible cues for high and low pain, could induce placebo and nocebo responses. The second experiment, in a separate group of subjects, assessed whether conditioned placebo and nocebo responses could be triggered in response to nonconscious (masked) exposures to the same cues. A total of 40 healthy volunteers (24 female, mean age 23 y) were investigated in a laboratory setting. Participants rated each pain stimulus on a numeric response scale, ranging from 0 = no pain to 100 = worst imaginable pain. Significant placebo and nocebo effects were found in both experiment 1 (using clearly visible stimuli) and experiment 2 (using nonconscious stimuli), indicating that the mechanisms responsible for placebo and nocebo effects can operate without conscious awareness of the triggering cues. This is a unique experimental verification of the influence of nonconscious conditioned stimuli on placebo/nocebo effects and the results challenge the exclusive role of awareness and conscious cognitions in placebo responses.

 

 


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How To Use Music To Boost Athletic Performance — PsyBlog

How To Use Music To Boost Athletic Performance — PsyBlog | With My Right Brain | Scoop.it

Research reveals which types of music improve which types of athletic performance. 
Listening to jazz can improve your performance on the putting green, according to a new study. And jazz is not the only music that’s been linked to athletic performance, as one of the study’s authors Dr. Ali Boolani explains: “Other research has shown that country music improves batting, rap music improves jump shots and running is improved by any up-tempo music. But the benefit of music in fine motor control situations was relatively unknown. Hopefully, this is the first step in answering this question.”
In the small experiment, 20 good golfers tried five different putts while listening to one of the following types of music:


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Seasonal affective disorder: Why the short days of winter make you depressed

It's not the cold. It's the darkness.
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High heels may enhance a man’s instinct to be helpful

High heels may enhance a man’s instinct to be helpful | With My Right Brain | Scoop.it
French study is the first to investigate the effect of a woman’s shoe heels on men’s behavior New York | Heidelberg, 19 November 2014 If it’s help
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Static network structure can stabilize human cooperation

Emre Erdogan's insight:

Eğer ağ "istikrarlı" ise, işbirliği eğilimi artıyormuş. Putnam'ın aşırı coğrafi hareketliliğin sosyal sermaye birikimine zarar verdiği önermesinin matematiksel kanıtı... Meraklısına....

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The Psychological Advantage of Unfalsifiability: The Appeal of Unte... - PubMed - NCBI

The Psychological Advantage of Unfalsifiability: The Appeal of Unte... - PubMed - NCBI | With My Right Brain | Scoop.it
J Pers Soc Psychol. 2014 Nov 17. [Epub ahead of print]
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How to Be Efficient: Dan Ariely’s 6 New Secrets...

How to Be Efficient: Dan Ariely’s 6 New Secrets... | With My Right Brain | Scoop.it
It’s hard to be efficient. Sometimes it feels like the world doesn’t make any sense. Sometimes youdon’t make any sense. And sometimes it feels like…
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A Scientific Macroeconomic Model Derived from Fundamental Equation of Economics by James J. Wayne :: SSRN

A Scientific Macroeconomic Model Derived from Fundamental Equation of Economics by James J. Wayne :: SSRN | With My Right Brain | Scoop.it
Abstract:      
The poor performance of macroeconomic models during the great recession of 2008 has forced many economists to re-examine macroeconomic theories, and search for creditable alternatives to the popular dynamic stochastic general equilibrium (DSGE) models. This paper derives a new macroeconomic model from recently published Fundamental Equation of Economics (FEOE) and applies the new model to answer a general question what causes economic crises. The macro model known as the indeterministic balance sheet plus (IBS+) model proposed in this paper for the first time turns out to be a special breed of accounting models. Different accounting models are more or less same in the way of handling empirical accounting data and flow of funds, and different in the way of forecasting the future. The IBS+ macroeconomic model takes the indeterministic view of the future balance sheets with the emphasis on probabilistic causalities, tail risks, economic reality described by balance sheet accounting, truthfully capturing the sectorial flow of funds and dynamics of economics, universally applicability, and a rock solid scientific theoretical foundation. The IBS+ model is very different from the popular dynamic stochastic general equilibrium (DSGE) models and agent-based computational economic (ACE) models. Through a side by side comparison, we prove that IBS+ model is superior to DSGE or ACE models in many ways. This paper concludes that DSGE models are probably intellectual dead ends, and economists should stop investing heavily with DSGE models and instead should replace DSGE models with IBS+ models. Economic crises have plagued humanity since the dawn of capitalism. Despite intense studies over last several hundred years, the questions about causes, forecasting, and prevention of economic crises remains unsolved. This paper proposes a classification of causes of economic crises using IBS+ models to analyze balance sheets of key economic sectors. Applying this classification to examine recent economic crises, we conclude that most economic crises are caused by mismanagement of balance sheets by key economic players. This paper suggests that economic crises are largely caused by inevitable misbehavior of humanity and not caused by any fundamental flaw of capitalism. Just like improving the individual health and personal hygiene is the key to prevent epidemic diseases in societies, the key to prevent future economic crises is to promoting financial disciplines and strengthening risk management of key players in economics. Because some economic crises can be caused by natural and man-made factors beyond the scope of economics like earthquakes and wars, the frequency of economic crises can be minimized by proper risk management practices but economic crises can never be completely eliminated. Historically, treating mismanagement of balance sheets as main causes of economic crises is a generalization of Austrian business cycle theory, Fisher’s debt deflation theory, and Minsky’s financial instability hypothesis.

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Getting Children Out of Poverty Requires a Two-Generation Approach

Getting Children Out of Poverty Requires a Two-Generation Approach | With My Right Brain | Scoop.it
A new strategy is emerging that recognizes the importance of creating opportunity for the entire family, coordinating programs and policies so that parents and children have a chance to succeed -- together....
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Rescooped by Emre Erdogan from Psyche & Neuroscience
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Applying neuroscience to learning and development

Applying neuroscience to learning and development | With My Right Brain | Scoop.it
At the CIPD conference last week a group of panellists gathered to discuss the growing role of neuroscience in learning and development.

Via Anne Leong
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The Curious Effect of Depression on Intuitive Thinking Skills — PsyBlog

The Curious Effect of Depression on Intuitive Thinking Skills — PsyBlog | With My Right Brain | Scoop.it
First experiment to find a link between depression and intuition.

Depression curbs people’s ability to make intuitive judgements, a new study finds for the first time.

The research may help explain why people who are depressed say they find it difficult to make ordinary, everyday decisions.

In the experiment, published in the British Journal of Clinical Psychology, half the participants had major depressive disorder, while the other were a healthy control group (Remmers et al., 2014).

Both groups were given a measure of intuitive thinking which involved finding the link between words.

 
Via Alessandro Cerboni
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Michele Marchese's curator insight, November 15, 8:15 PM

Depression is like being in a silent limbo, we can't make any decisions to help us move forward from the melancholy that we feel. Depression weakens our creativity, and intuitive processing. Holistic therapies such as Flower essences due to their own energetic vibrational healing, Aromatherapy essential oils such as sage, orange, lemon or sandalwood. Hypnotherapy, Reiki, and, Acupuncture, and more can help us to find the path in our mind that leads us back to our creative center. We need to be able to listen to our own natural abilities to make decision

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Neuroscience Reveals The Deep Power of Human Empathy — PsyBlog

Neuroscience Reveals The Deep Power of Human Empathy — PsyBlog | With My Right Brain | Scoop.it
Without empathy, human beings are lonely, disconnected creatures.
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