Submitted by katien on Fri, 2011-09-02 07:00
The sky is gray, but you're not sure if the clouds will clear or rain will pour. Do you grab an umbrella when you go outside? Such decisions are filled with ambiguity, and we're faced with them daily. "Almost every decision has some ambiguity," says Kota Saito, an economist who develops empirical and mathematical models on how people make decisions—insight that can inform socioeconomic policy. This fall, he joins Caltech as an assistant professor and the newest faculty member of the Division of the Humanities and Social Sciences.
Submitted by lorio on Tue, 2011-07-26 07:00
Choosing what to have for dinner, it turns out, is a complex neurological exercise. But, according to researchers from the California Institute of Technology (Caltech), it's one that can be influenced by a simple shifting of attention toward the healthy side of life. And that shift may provide strategies to help us all make healthier choices—not just in terms of the foods we eat, but in other areas, like whether or not we pick up a cigarette.
Submitted by katien on Wed, 2011-05-04 23:00
When a group of gamblers gather around a roulette table, individual players are likely to have different reasons for betting on certain numbers. Recently, researchers at the California Institute of Technology (Caltech) and Ireland's Trinity College Dublin hedged their bets—and came out winners—when they proposed that a certain region of the brain drives these different types of decision-making behaviors.
Submitted by katien on Wed, 2011-04-27 23:00
J. Morgan Kousser, professor of history and social science at the California Institute of Technology (Caltech), has been awarded the Richard P. Feynman Prize for Excellence in Teaching—Caltech's most prestigious teaching honor. Kousser was selected for his "exceptional ability to draw science and engineering students to appreciate the intellectual rigors of legal thought."
Submitted by lorio on Wed, 2011-01-26 00:00
Caltech has announced the creation of the Ronald and Maxine Linde Institute of Economic and Management Sciences. The initiative will bring together the best scientific minds and the best quantitative business practices, permitting a distinctive and targeted educational opportunity for Caltech's students and providing cutting-edge research opportunities for Caltech's faculty.
Submitted by katien on Thu, 2010-12-16 17:00
Armed with tarantulas, snakes, and horror-movie clips, Caltech neuroscientists, together with collaborators at the University of Iowa and the University of Southern California (USC), have studied a woman who is unable to experience the emotion of fear, providing the first in-depth investigation of how the experience of fear depends on a specific brain region called the amygdala and offering new insight into our conscious experience of emotions.
Submitted by cnk on Fri, 2010-11-12 08:00
Michael Alvarez writes about Alaska's controversial and still-undecided Senate race between Republican Joe Miller and current Republican Senator Lisa Murkowski—who Miller beat in the primary and who then mounted a write-in campaign—and how it all may come down to a court challenge over the 92,500 write-in ballots cast.
Submitted by lorio on Mon, 2010-11-08 08:00
Calling last Tuesday's elections "historic" and "one of the most important midterm elections in recent memory," Caltech political scientist R. Michael Alvarez weighed in on the contrasts between the national and local results in an op-ed entitled, "GOP Tidal Wave Stopped at State Line," published in Sunday's Pasadena Star-News.
Submitted by lorio on Wed, 2010-09-15 07:00
When it comes to making choices, say Caltech's Antonio Rangel and his colleagues, much depends on which items catch—and keep—your eye. "We're interested in how the brain makes simple choices, like which item to pick from a buffet table," says Rangel, professor of neuroscience and economics. "Why is it that when we look at the buffet table, our gaze shifts back and forth between the items in order to make a choice? What is the role of visual attention in all this?"
Submitted by lorio on Tue, 2010-09-07 23:00
We've all heard the predictions: e-commerce is going to be the death of traditional commerce; online shopping spells the end of the neighborhood brick-and-mortar store. While it's true that online commerce has had an impact on all types of retail stores, it's not time to bring out the wrecking ball quite yet, says a team of researchers from Caltech.