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Study suggests competition has its disadvantages

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From the USC Marshall School of Business press release via EurekAlert!: Economists and professionals praise the merits of competition, as it leads to lower prices and improvements in quality. But in the automobile smog-testing industry,… 

Study suggests video gaming can be addictive

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From the Science in Public press release via MedicalXpress: A psychology researcher from Canberra has collected some of the first scientific evidence that video gaming can be addictive in a way similar to gambling and… 

Study suggests tendency to risk aversion can be seen in brain

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From the Universität Bonn press release via AlphaGalileo: Some people live their lives by the motto “no risk – no fun!” and avoid hardly any risks. Others are clearly more cautious and focus primarily on… 

Study examines how to reduce 20/20 hindsight bias

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From the Caltech press release by Marcus Woo via MedicalXpress: You probably know it as Monday-morning quarterbacking or 20/20 hindsight: failures often look obvious and predictable after the fact—whether it’s an interception thrown by a…