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...paper by Harvard Business School professor Gregory M. Barron explores the role of experience in promoting the gambler’s fallacy, a notion that chance and randomness correct themselves in the short term. The study, written by Barron and Harvard doctoral student Stephen Leider, argues that the fallacy has a heightened effect on the decision-making of people who experience a series of events in real time versus people who receive a complete description of the same events at a later point in time. According to Barron, the fallacy applies in many situations, including simple scenarios such as casino...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: HBS Prof Studies Gambler's Fallacy | 10/27/2008 | See Source »

...Encountering warmth or cold lights up the insula - a walnut-sized section of the brain - says John A. Bargh, a professor of psychology at Yale, who co-authored the paper with Lawrence E. Williams of the University of Colorado who received his Ph.D. from Yale earlier this year. And the insula is the same part of the brain engaged when we evaluate who we can trust in economic transactions, Bargh says...

Author: /time Magazine | Title: Science Says We Really Are What We Drink | 10/26/2008 | See Source »

...book! I often get asked, "Is the book dead?" It hasn't happened yet. It's different than music. Music was always meant to be pure sound-it started out as pure sound and now it's pure sound again. But books started out as things. Words on paper began as words on paper. The paperback book is the best technology to deliver that information...

Author: /time Magazine | Title: Book Designer Chip Kidd | 10/24/2008 | See Source »

...have a written policy on the environment? If the company has a written statement that includes things like sustainability aims and goals, it's a good clue toward their intent. If there's nothing on paper, it likely means they don't take ecotourism very seriously...

Author: /time Magazine | Title: 5 Ways to Find an Authentic Ecotour | 10/24/2008 | See Source »

...like a broken Barbie with a thin trail of blood running down her back. In that moment, Godard commits a cardinal sin of storytelling: he has made the viewer fall in love with a character beyond all reason, and, with just as little reason, rips her apart like a paper doll.But the dichotomy created in this moment—that of beauty in life contrasted with beauty in death—is hardly the most important of the concerns that Godard brought to his films during the time generally accepted as his creative peak (1959 to 1967). More...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: New Wave But Old Fave | 10/23/2008 | See Source »

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