Study finds people are more satisfied after quitting the status quo

A new paper in The Review of Economic Studies, published by Oxford University Press, finds that people who use a coin toss to decide on an important change are more likely to follow through with that decision, are more satisfied ...

Overconfidence in new technologies can influence decision-making

Technological advances in recent decades have transformed most aspects of daily life, and technology now plays a major role in business and society. However, little is known about how perceptions of technology might influence ...

Product choice: When are consumers most satisfied?

Consumers may be less satisfied with the choices they make if their options are presented one at a time rather than all at once, according to a new study in the Journal of Consumer Research.

New approach to energy strategy accounts for uncertainty

Many countries—including Switzerland—are developing an energy strategy to meet various objectives such as reducing reliance on fossil fuels, cutting CO2 emissions and promoting the energy transition. That means governments ...

Baboons follow the majority

Baboons live together in hierarchical groups. However, important decisions are not dictated by the highest-ranking group members but are instead made democratically. This was discovered by a team of scientists including Iain ...

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