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Word: apartmentsize (lookup in dictionary) (lookup stats)
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In Newell's first experiment, 71 students were asked to choose an apartment from a list of four, each with its own specific pros and cons - nasty neighbors but a friendly roommate, a low-crime neighborhood but expensive rent, in-house gym but a small living space. Only one apartment...

Author: /time Magazine | Title: Gut Decisions May Not Be Smart | 8/22/2008 | See Source »

The students were divided into three groups: the first was asked to choose one of the apartments immediately after getting information about them; the second group was given four minutes to deliberate before deciding; and the third group was asked to solve anagrams for four minutes before making their choice...

Author: /time Magazine | Title: Gut Decisions May Not Be Smart | 8/22/2008 | See Source »

Persevering, in a third experiment Newell decided to re-stage the original Dutch study as closely as possible; that experiment had involved choosing among four cars, instead of four apartments. Newell asked 90 students to choose their preference from four fictional cars, which each varied on 12 attributes, such as...

Author: /time Magazine | Title: Gut Decisions May Not Be Smart | 8/22/2008 | See Source »

Newell admits that his own experiments have their limitations. Using hypothetical scenarios about fictional apartments and cars can tell researchers only so much. "People are not really engaging in these decisions," Newell says. Even so, researchers understand the pathways in which conscious decisions are made, but have no way of...

Author: /time Magazine | Title: Gut Decisions May Not Be Smart | 8/22/2008 | See Source »

Munk isn't the only one smitten by the charms of Montenegro. The luxury hotel chain Amanresorts is renovating two of the finest sites on the coast. And an influx of Russians is already making it the fastest-growing tourist destination in the world. Billboards promising "choice properties" in Russian...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

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