Positive Thinking Can Lead To Financial Irresponsibility, Like Compulsive Gambling

22 Apr 2008
Looking on the bright side can lead to irresponsible financial behavior, reveals a paper from the June 2008 issue of the Journal of Consumer Research. In a series of studies, Elizabeth Cowley (University of Sydney) examines repeat gambling in the face of loss. She finds that people often engage in too much positive [...]

Reaction To Fairness In The Brain Akin To Reaction To Money And Chocolate

22 Apr 2008
The human brain responds to being treated fairly the same way it responds to winning money and eating chocolate, UCLA scientists report. Being treated fairly turns on the brain’s reward circuitry.
“We may be hard-wired to treat fairness as a reward,” said study co-author Matthew D. Lieberman, UCLA associate professor of psychology and a [...]

How Stereotypes Can Lead To Success

22 Apr 2008
Stereotypes can boost as well as hinder our chances of success, according to psychologists from the University of Exeter and St Andrews University. Writing in the new edition of Scientific American Mind (out in the UK 22 April 2008), they argue that the power of stereotypes to affect our performance should not be [...]