Essential Reads

The Bonus Effect

By Alfie Kohn on September 27, 2016 in The Homework Myth
If you're told "Do this, and you'll get that," you're likely to become less interested in "this" -- and more interested in "that." Especially if "that" turns out to be money.

Making Better Medical Decisions

By Haider Warraich M.D. on September 26, 2016 in On Modern Medicine
Modern healthcare can come with a dizzying array of options, many of which could mean different destinations.

Should You Quit Your Job When You Start a New Business?

What entrepreneurship research says about working in your startup part-time vs. full-time.

Trying to Explain the Inexplicable

By Gary Smith Ph.D. on September 23, 2016 in What the Luck?
We are tempted to look for psychological explanations for successes and failures, when the more convincing explanation is simply that people get lucky—and luck is fleeting.

More Posts on Behavioral Economics

Why Are Smokers Less Likely to Get a New Job?

A recent study from Stanford University found that being a smoker has detrimental impacts on new employment opportunities and wage earning.

The Two-Minute Meal

By Marty Nemko Ph.D. on April 14, 2016 in How To Do Life
And yes, they’re tasty, healthy, and inexpensive.

Is “You Can’t Change People” True?

By Jeremy E Sherman Ph.D. on April 12, 2016 in Ambigamy
"You can't change people" is self-contradictory, like saying "let me persuade you that people can't be persuaded." Like all self-contradictions it's good food for thought.

6 Reasons We Keep Playing the Lottery

By Kevin Bennett on April 12, 2016 in Modern Minds
Why do we keep playing when we know we shouldn't? The very long odds of winning the lottery don't seem to keep people from spending money.

The Paradox of Information: More Data Is Making Us Dumber

By Douglas Van Praet on April 11, 2016 in Unconscious Branding
There is a paradox in play in the age of information. More data is leading to more irrational decisions.

The Truth About Lying Politicians

By Jeremy E Sherman Ph.D. on April 08, 2016 in Ambigamy
Yes they lie, but we all do. The question isn't whether to lie but when? When does it help and when does it hurt? Not as easy to answer as we'd like to think.

The Universal Language of Management

By Victor Lipman on April 08, 2016 in Mind of the Manager
At first I was surprised by my readers in Botswana, Kenya and India. But then it occurred to me: The fundamentals of effective management are pretty much the same everywhere.

Your Money Battle Between “Want” and “Should”

By Michael F. Kay on April 07, 2016 in Financial Life Focus
You want to retire with financial security—but on the other hand, you don't want to wait until you're 70 to have fun and travel.

Teens, Driving, Music & Danger

Spring is here, and so are many happy drivers. Here is the good and bad news about the music we love to listen to.

The Best Way for Adult Children and Parents to Communicate

By Susan Newman Ph.D. on April 04, 2016 in Singletons
Do you use the most satisfying ways to stay in touch with your adult children? Why calling and texting may not be ideal for parents.

Aiming to Please (the Janitor): a Field Experiment

By Alain Samson Ph.D. on April 01, 2016 in Consumed
New insights on scoring in the men's room

First Impressions Are Key in the Hiring Process

By Victor Lipman on March 31, 2016 in Mind of the Manager
In a new study, 80% of respondents said they’d take one job over another based on emotional connections formed in interviews.

Life After Wealth

By Nigel Barber Ph.D. on March 31, 2016 in The Human Beast
Most of us struggle to make a living and aspire to a future where money is less of an issue. What would our lives be like if we became wealthy enough to abandon the rat race?

A College Degree Pays Off Less If You Grew Up Working Class

By Denise Cummins Ph.D. on March 30, 2016 in Good Thinking
Working class and poor students make one huge mistake in college that ends up costing them thousands of dollars in lifetime earnings.

Positive Mood Makes People Gamble More

By Art Markman Ph.D. on March 30, 2016 in Ulterior Motives
In order to take a risk, you have to feel as though that risk will pay off in some way.

The Perils of Splashing Out

By Susan Wise Bauer Ph.D. on March 29, 2016 in Under the Sun
When you're on a once-in-a-lifetime trip, it's tempting to rack up those credit card charges while you're enjoying yourself. History suggests that this might not be a great idea.

Yahoo Lawsuits Begin Over Management Manipulation

“More than one-third of the company’s work force has left voluntarily or involuntarily over the last year.”
Photo by Dreamstime

Do Flexible Work Schedules Work?

By Alan A. Cavaiola Ph.D. on March 29, 2016 in Beyond Bullying
How flexible and traditional employee schedules compare

The Great Myth of White, Female Killers

By Scott A. Bonn Ph.D. on March 28, 2016 in Wicked Deeds
Much of the general public’s knowledge concerning homicide is a product of stylized and incorrect depictions of such events in the news and entertainment media.

A New Way to Lose Weight and Keep it Off

By Temma Ehrenfeld on March 25, 2016 in Open Gently
Economists have a new way to lose weight: Put your money at risk.

Passing the Buck

I recently attended a lecture on the topic of the history of paper money and public fears connected to it. Not currency as the root of all evil, but rather as a source of disease.
Psychological Science

The Psychology of Wellness Nudges

By Peter A. Ubel M.D. on March 23, 2016 in Scientocracy
Fairness often depends as much on perception as reality.

3 Reasons Why Brand-Specific Rituals Are So Powerful

Brand marketers encourage ritualistic behaviors involving their products to increase customer loyalty and to gain advantage over competitors.

More on What Ayn Rand Got Wrong About Human Nature

By Denise Cummins Ph.D. on March 17, 2016 in Good Thinking
Ayn Rand based her philosophy on four core beliefs, each of which is disconfirmed by evidence.

Doing Well Vs. Doing Right

By Jeremy E Sherman Ph.D. on March 16, 2016 in Ambigamy
Love is not the answer. Toughness is not the answer. Tough love is not the answer. Tough love is the question.

New Research: Women Consistently Outperform Men in EQ

By Victor Lipman on March 16, 2016 in Mind of the Manager
When it comes to emotional intelligence, women beat the pants off men (so to speak), says new data. What are the implications for leadership?

Difficult Doesn’t Have to Be So Difficult

Making eye contact with another person who you care about, and with whom you need to deliver a difficult message – probably creates disappoint, upset or hurt – and is one of the mo

Getting Your Finances to Go Viral

By Michael F. Kay on March 11, 2016 in Financial Life Focus
An idea reaches its "tipping point"—where momentum carries the idea, product or new craze to take off. Think zero to hero overnight.

The Key to Calmfident Self-Assertion

By Jeremy E Sherman Ph.D. on March 09, 2016 in Ambigamy
There's nothing more unenlightened than attacking the ignorant, nor more ignorant than trying to enlighten the con artist. Here's how to avoid both errors when speaking your mind.

Why Are Employee Evaluations Such a Problem?

By Victor Lipman on March 09, 2016 in Mind of the Manager
Employee evaluations have become a convenient whipping boy for the shortcomings of management. A new survey examines the issues, and finds gender and generational differences.