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Latest George Loewenstein Stories

2012-01-17 16:50:53

Whether it's investing in stocks, bungee jumping or public speaking, why do we often plan to take risks but then "chicken out" when the moment of truth arrives?  In a new paper in the Journal of Behavioral Decision Making, scientists from the University of Colorado Boulder and Carnegie Mellon University argue that this "illusion of courage" is one example of an "empathy gap" – that is, our inability to imagine how we will behave in future emotional situations. According to the...

2011-09-22 12:10:14

Professionals often give advice to many anonymous people. For example, financial analysts give public recommendations to buy, hold or sell stock, and medical experts formulate clinical guidelines that affect many patients. New research from Carnegie Mellon University's George Loewenstein and Duke University's Sunita Sah demonstrates that advisers confronting a conflict of interest give more biased advice when there are multiple advice recipients as opposed to just one recipient, and in the...

2011-04-12 08:50:00

WASHINGTON, April 12, 2011 /PRNewswire-USNewswire/ -- Torture. The United Nations defines it as the "infliction of severe physical or mental pain or suffering." But how severe is severe? That judgment determines whether or not the law classifies an interrogation practice as torture. Now, a study published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, condemns this method of classification as essentially flawed. The reason: the...

2010-09-14 23:37:26

Despite heightened awareness about the undue influence that gifts from pharmaceutical companies can have on doctors' prescribing practices, and despite expanding institutional conflict-of-interest policies and state laws targeted at preventing such practices, companies continue to reward doctors for prescribing their drugs with gifts ranging from pens and paper, to free dinners and trips. A new study by two researchers at Carnegie Mellon University, published in the Journal of the American...

2010-09-14 15:00:00

PITTSBURGH, Sept. 14 /PRNewswire/ -- Despite heightened awareness about the undue influence that gifts from pharmaceutical companies can have on doctors' prescribing practices, and despite expanding institutional conflict-of-interest policies and state laws targeted at preventing such practices, companies continue to reward doctors for prescribing their drugs with gifts ranging from pens and paper, to free dinners and trips. A new study by two researchers at Carnegie Mellon University,...

2010-07-15 09:14:00

PITTSBURGH, July 15 /PRNewswire/ -- Federal, state and city policies aimed at promoting healthy eating have traditionally focused on providing consumers with nutritional information. However, research from Carnegie Mellon University, published in a recent issue of the American Economic Journal: Applied Economics, shows that making healthier food more convenient as well as providing nutritional information can help individuals make better choices. "We wanted to explore how different kinds...

2010-07-13 13:36:00

PITTSBURGH, July 13 /PRNewswire/ -- According to a new manuscript in the Journal of Consumer Research, consumers often quit using products that would be beneficial for them in the long run because they experience a short period of pessimism during their initial encounter with skill-based products as varied as knitting needles and mobile devices. (Logo: http://photos.prnewswire.com/prnh/20020422/CMULOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20020422/CMULOGO) George Loewenstein, the...

2009-12-05 14:28:43

New study shows research participants are wary of high-paying experiments The findings from a study published this month by the journal Social Science and Medicine have implications for informed consent in human subjects research and the debate over research participation incentives. Cynthia Cryder, assistant professor of Marketing at the Olin Business School, Washington University in St. Louis, is the lead author of the study, "Informative Inducement: Study Payment as a Signal of Risk". Her...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'