Most defined contribution retirement income systems assume that retiring participants have the know-how and confidence to turn their lump sum savings …

Most defined contribution retirement income systems assume that retiring participants have the know-how and confidence to turn their lump sum savings …

[FREE TO READ] The physicist and hedge fund manager on why the efficient markets theory is ‘all wrong’, economists with ‘mathematics envy’ — and what Camus can teach us about compromise

The assassination comes as universities are under pressure to expose students to a more diverse range of views

Recent research from economics, psychology, cognitive science, computer science, and marketing is increasingly interested in the idea that people face cognitive costs when making decisions. Reviewing ...

When we exercise, our muscles ache, fuel reserves (glucose, ATP) deplete, and the hours that follow are well described by the word ‘fatigue’. Prolonged thinking, too, comes with costs; while we might not gasp for breath during an exam, everyone is familiar with the feeling of exhaustion after a sustained bout of cognitive effort. In their review, Pessiglione et al. [1] formalize this intuition with an integrative model that combines motivational and metabolic mechanisms. Their MetaMotiF framework offers a compelling account of why the exertion of cognitive control becomes increasingly difficult over time.