Business and Economy
I comment on an article in the Washington Post that discusses the United States' loss of stature among scientists and explain why I have high hopes that it is only a short-term phenomenon.
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
Policies requiring authorization before physicians can prescribe newer medications to schizophrenic patients may be counter-productive. According to a new study, patients in Maine’s Medicaid program who found themselves in this situation were 29% more likely to stop or disrupt medication use than patients not subject to the policy. In addition, although the policy was originally designed to cut costs, government savings were minimal at best.
Following free drug sample receipt, patients who receive these samples have significantly higher out-of-pocket prescription costs than those who don't, according to the first study to look at the out-of-pocket cost associated with free-sample use, published in the March 24, 2008, issue of Medical Care.
If in fact money represents a false God, why would “Christians” or those that categorized themselves as religious, insist upon a currency bearing ‘In God We Trust’ realizing this conflict of interest? Perhaps, individuals like Rev. Watkinson believed this course of action would help the United States in 1861 escape the doldrums of its’ collective conscience. Unfortunately, the same form of “escapism” or guilt by association is quite pervasive (today) in White America. As this guilt continues to plague White America the media’s backlash against Rev. Wright’s commentary was evident.
A recent survey by the Harvard School of Public Health (HSPH) and Harris Interactive, as part of their ongoing series, Debating Health: Election 2008, finds that Americans are generally split on the issue of whether the United States has the best health care system in the world (45% believe the U.S. has the best system; 39% believe other countries have better systems; 15% don’t know or refused to answer) and that there is a significant divide along party lines. Nearly seven-in-ten Republicans (68%) believe the U.S. health care system is the best in the world, compared to just three in ten (32%) Democrats and four in ten (40%) Independents who feel the same way.
