Using a large sample of retail investors as well as experimental data we find that risk and ambiguity aversion are positively correlated. We show the common link is decision style: intuitive thinkers tolerate more risk and ambiguity than effortful reasoners. One interpretation is that intuitive thinking confers an advantage in risky or ambiguous situations. We present supporting lab and field e...

the two discourses with a focus on reza davari ardekani and abdolkarim soroush, were formed in iran’s society. soroush’s discourse, with religious interests influenced by islamic sources, poper’s philosophy of science, logic and epistemological accuracies of analytical philosophy and consciously liberalism, is looking for compatibility with modernity. the second discourse on reza davari ardakan...

During my almost 40 years of practice, the clinical problems I found most challenging involved pediatric patients with skin rashes. I found distinguishing the common benign origins of a maculopapular, pustular, or vesicular rash from more serious etiologies difficult. In this issue of Pediatric Annals, Drs. Miriam Weinstein and Deepak Kamat and their team of authors present a series of practica...

In two experiments, we investigated the effects of expertise and mode of thought on the accuracy of people's predictions. Both experts and nonexperts predicted the results of soccer matches after conscious thought, after unconscious thought, or immediately. In Experiment 1, experts who thought unconsciously outperformed participants in all other conditions. Whereas unconscious thinkers showed a...

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