Submitted by mwoo on Wed, 2012-05-09 16:00
In sports, on a game show, or just on the job, what causes people to choke when the stakes are high? A new study by researchers at Caltech suggests that when there are high financial incentives to succeed, people can become so afraid of losing their potentially lucrative reward that their performance suffers.
Submitted by lorio on Tue, 2012-05-08 07:00
What do parents want—aside from kids who come home on time and never talk with their mouths full—and why is an economist trying to answer that question? Because, at its heart, economics is all about the process of making choices.
Submitted by admin on Tue, 2012-03-27 15:01
When jurors consider shortening the prison sentences of convicted criminals, they use parts of the brain associated with sympathy and making moral judgments, according to new work by Caltech neuroeconomist Colin Camerer and colleagues. They found that the most lenient jurors show heightened levels of activity in a brain region associated with discomfort, pain, and imagining the pain that others feel.
Submitted by lmarkle on Fri, 2012-03-23 07:00
Chris Shannon, the Richard Merkin Professor of Economics and Mathematics, is one of Caltech's newest faculty members. Her research involves developing mathematical models to understand financial markets and other mechanisms that allocate goods, such as auctions.
Submitted by lorio on Thu, 2012-03-15 07:00
Jonathan N. Katz, chair of the Division of the Humanities and Social Sciences, has been named the Kay Sugahara Professor of Social Sciences and Statistics. The Sugahara family endowed the new professorial chair with a $2 million gift in honor of the late Kay Sugahara.
Submitted by kfesenma on Mon, 2012-01-23 08:00
Our cognitive abilities and decision-making skills can be dramatically hindered in social settings where we feel that we are being ranked or assigned a status level, such as classrooms and work environments, according to new findings from a team of researchers from Caltech and four other institutions. The finding flies in the face of long-held ideas about intelligence and cognition that regard IQ as a stable, predictive measure of mental horsepower.
Submitted by lorio on Mon, 2011-10-10 07:00
Researchers from Caltech have isolated a very specific difference in how high-functioning people with autism think about other people, finding that—in actuality—they don’t tend to think about what others think of them at all.
Submitted by admin on Wed, 2011-10-05 23:01
Caltech has been rated the world's number one university in the 2011–2012 Times Higher Education global ranking of the top 200 universities, displacing Harvard University from the top spot for the first time in the survey's eight-year history.
Submitted by katien on Mon, 2011-09-26 07:00
Responding to faces is a critical tool for social interactions between humans. Without the ability to read faces and their expressions, it would be hard to tell friends from strangers upon first glance, let alone a sad person from a happy one. Now, neuroscientists from Caltech, with the help of collaborators at Huntington Memorial Hospital in Pasadena and Cedars-Sinai Medical Center in Los Angeles, have discovered a novel response to human faces by looking at recordings from brain cells in neurosurgical patients.
Submitted by kfesenma on Wed, 2011-09-21 16:00
When making decisions based on multiple interdependent factors—such as what combination of stocks and bonds to invest in—humans look at how the factors correlate with each other, according to a new study by researchers from Caltech and University College London.