Oct 15, 2013 — Globalization has opened the door to opportunities that didn't exist before. Its interdependent networks of people and machines produce goods and wealth unknown until now. But with the bounty comes a price: the possibility that systemic failures can cascade across the globe with devastating consequences.
Sep 10, 2013 — Ask a 9-year-old how likely it is that his bike will be stolen, and he'll probably lowball the risks — even after you tell him the odds. Researchers say children and teens aren't very good at applying data about on dangers, which may explain their seemingly irrational decision-making.
Aug 18, 2013 — There's a difference between knowing your breast cancer risk and believing it. When psychologists asked several hundred women to plug personal health data into an online tool that then calculated their breast cancer risk, nearly 20 percent rejected their scores as wrong.
Sep 27, 2011 — Researcher BJ Casey and her colleagues followed up with adults who as children participated in the marshmallow experiment, a test of risk and gratification. Those who couldn't resist temptation then mostly can't now, either.
Jun 18, 2009 — Loaded up on credit card debt with a house you can't afford and still dying to make a deal? Blame those childhood board games!