After my first foray into computational simulations successfully predicted that losses should loom larger than gains, at least when the stakes are high, I decided to take on an even more complicated phenomenon in psychology and economics: risk aversion.

In companies that are slated to be shut down, productivity increases during the phase-out period itself.

In companies that are slated to be shut down, productivity increases during the phase-out period itself. When management is busy dealing with matters other than daily operations, employees shoulder a greater responsibility for their work­-and efficiency is enhanced.

Losses loom larger than gains. This useful mnemonic describes an odd experimental finding: if you have people rate on a scale of 1 to 10 how unhappy they would be to lose $100, that rating will be higher than if you ask them how happy they would be to win $100.

Major mental disorders cost the nation at least $193 billion annually in lost earnings alone, according to a new study funded by the National Institutes of Health’s National Institute of Mental Health (NIMH). The study was published in the May 2008 issue of the American Journal of Psychiatry.

The federal government has declared a commercial fishery failure for the West Coast salmon fishery due to historically low salmon returns.

The United States House of Representatives today passed a bill that prohibits discrimination based on genetic disease predisposition.

Investors get carried away with excitement and wishful ‘fantasies’ as the stock market soars, suppressing negative emotions which would otherwise warn them of the high risk of what they are doing, according to a new study led by UCL (University College London).

I tagged this with every category since I review books in all realms of science.

Though I plan to maintain my Science Shelf archive of book reviews, I will now also publish the reviews on Science Blog.

For those of you have have been wondering about whether ScienceDebate2008, the latest news is that it has morphed into a different but still viable form.

It won't take place in PA, but it may take place on PBS.

Click for the latest message from the organizers