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...they are irrational about a lot of things. We make dumb choices all the time on the basis of silly information like racial bias or a misunderstanding of statistics - or dreams. Morewedge and Norton quote one of the most famous modern studies to demonstrate our collective folly, from a paper written by psychologists Amos Tversky and Daniel Kahneman that was published in Science in 1974. In that paper, Tversky and Kahneman discuss an experiment in which subjects were asked to estimate the percentage of African countries represented in the U.N. Before they guessed, a researcher spun a wheel of fortune...
...appears on a wheel. Anchoring occurs all the time, like when you're asked to look at your Social Security number before answering a question (you're more likely to pick an answer close to the digits in your SSN). A team of researchers even showed in a 2003 paper in the Quarterly Journal of Economics that people will endure more physical discomfort (exposure to an unpleasant noise) for less monetary compensation in a lab setting when they are anchored prior to the experiments to smaller monetary amounts. As I said, we all make dumb choices based on silly information...
...have to have faith in your detectives, and we did," as another senior police official told the Post, explaining how Guandique had been overlooked. (The paper's exhaustive investigation of the case is available online). But the exclusion of a key suspect exacted a steep price on many people. By exposing his adultery and painting him, however briefly, as a suspected murderer, the case torpedoed Condit's career and left his reputation in tatters. He was ousted in a 2002 primary challenge, and left the House when his term expired in 2003. Aside from a tumultuous stint running two Baskin...
...Washington Post. "The prospects for securing that country's western Anbar province are dim," the newspaper said, summarizing the report. "There is almost nothing the U.S. military can do to improve the political and social situation there." One anonymous official who read the report flatly told the paper "the United States has lost in Anbar." (See pictures of the Anbar Awakening movement...
...Wall Paper. The first exhibition to open at LACMA's new Renzo Piano designed-building, the Broad Contemporary Art Museum, examines the artwork produced on either side of the Berlin Wall during the postwar division of the country. The "Art of Two Germanys/Cold War Cultures" displays paintings, sculptures, photographs, videos, and artists' books reflecting Germany's efforts to deal with the aftermath of Nazism and the reconstruction, via capitalism in one Germany, communism in the other. Through April 19. 5905 Wilshire Boulevard, Los Angeles...