October 15, 2013 Globalization has opened the door to opportunities that didn't exist before. Its interdependent networks of people and machines produce goods and wealth unknown until now. But with the bounty comes a price: the possibility that systemic failures can cascade across the globe with devastating consequences.
I told him he would break his arm if he did that. But he did it anyway.
September 10, 2013 Ask a 9-year-old how likely it is that his bike will be stolen, and he'll probably lowball the risks — even after you tell him the odds. Researchers say children and teens aren't very good at applying data about on dangers, which may explain their seemingly irrational decision-making.
Whether or not you'll someday get cancer or any disease can feel like a roll of hundreds of dice. Calculating the odds -- and knowing what they mean -- is tricky.
August 18, 2013 There's a difference between knowing your breast cancer risk and believing it. When psychologists asked several hundred women to plug personal health data into an online tool that then calculated their breast cancer risk, nearly 20 percent rejected their scores as wrong.
Kids who can't resist temptation early on may have trouble with it throughout their lives.
September 27, 2011 Researcher BJ Casey and her colleagues followed up with adults who as children participated in the marshmallow experiment, a test of risk and gratification. Those who couldn't resist temptation then mostly can't now, either.
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June 18, 2009 Loaded up on credit card debt with a house you can't afford and still dying to make a deal? Blame those childhood board games!
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