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Latest Herbert Simon 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?

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.


Word of the Day
shavie
  • A trick or prank.
The word 'shavie' is related to 'shave'.