Quit While You’re Ahead: Departing Remarks from Corey and Diana

Quit while you're ahead: Preschoolers' persistence and willingness to accept challenges are affected by social comparison

Many beliefs about oneself are constructed through experiences, but the kinds of evidence that inform these beliefs in early childhood are not well understood. One critical source of information that affects adults and older children’s appraisals of their abilities and traits is social comparison. We found that even fourand five-year-olds (mean=56 months) spontaneously use evidence from social ...

…while Melbourne moves ahead

UK higher education institutes are lobbying to get the commission to accept the idea of credits based on learning outcomes rather than length of study. But within the UK, Scottish and Welsh universities are already implementing credit systems compatible with the European Commission's system. The Bologna process objectives enthuse many people. George Winckler, president of the European Universit...

Looking back while forging ahead....

Hi-Res Print, Annotate, Reference QuickView ACS ActiveView PDF PDF [616K] PDF w/ Links [287K] Full Text HTML Sponsored Access Section: Pharmacology Monascin and Ankaflavin Have More Anti-atherosclerosis Effect and Less Side Effect Involving Increasing Creatinine Phosphokinase Activity than Monacolin K under the Same Dosages Chun-Lin Lee, Yu-Ping Hung, Ya-Wen Hsu, and Tzu-Ming Pan pp 143–150 Pub...

Ranking Games and Gambling: When to Quit When You're Ahead

It is common for rewards to be given on the basis of a rank ordering, so that relative performance amongst a cohort is the criterion. In this paper we formulate an equilibrium model in which an agent makes successive decisions on whether or not to gamble and is rewarded on the basis of a rank ordering of final wealth. This is a model of the behaviour of mutual fund managers who are paid dependi...

Comments from the departing Editor.