Skip to content

Study looks at why people make high-risk decisions

  • by

From the Johns Hopkins University press release: Picture yourself at a Las Vegas poker table, holding a bad hand — one with a very low chance of winning. Even so, the sight of the large… 

Losses reduce subsequent risk taking among bettors

  • by

From the University of Eastern Finland press release: Psychologically, loss is known to cause about twice as much pain as pleasure caused by similar gain. However, earlier studies focusing on how prior outcomes affect subsequent…