Scientists in a new field of study called behavioral economics have made some provocative findings about how consumers? feelings affect their buying and selling decisions. In a study published recently in the journal Psychological Science, the researchers found that emotions that have nothing to do with the transaction at hand can influence what price people are willing to pay to buy something and what price they are willing to accept when they sell. ?We?re showing for the first time that incidental emotions from one situation can affect economic...
Jennifer Lerner, a social psychologist at Carnegie Mellon University, and Roxana Moreno, a cognitive psychologist and education researcher at the University of New Mexico, were named this month as recipients of the prestigious Presidential Early Career Award for Scientists and Engineers (PECASE).
Chart: "Sum of All Fears:" Two months after 9/11, 973 Americans were asked to estimate the probability that within the next year they, as well as the average American, would experience risky events and take precautionary actions.
Carnegie Mellon University has awarded the Anna Loomis McCandless professorship to Yoky Matsuoka, assistant professor in the Robotics Institute in the School of Computer Science, and the Estella Loomis McCandless professorship to Jennifer Lerner, an assistant professor of social and decision sciences and psychology. The professorships are given every three years to two junior faculty members who have shown great promise in their field.