eBay and the Brain: What Psychology Teaches Us about the Economic Downturn
“eBay and the Brain: What Psychology Teaches Us about the Economic Downturn” – Scientific American
“eBay and the Brain: What Psychology Teaches Us about the Economic Downturn” – Scientific American
Shutterstock I have just given you $78. (I’m a generous guy.) Now I’m giving you a choice: you can enter a lottery where you have a 75% chance of losing that $78 and a 25% of keeping it, or you can hold on to $20 and avoid the lottery all together. Quick—tell me what you…
Patients often rely on physicians for information about their treatment alternatives. Unfortunately, that information is not always objective. Consider a man with early stage prostate cancer interested in surgical removal of his tumor, but uncertain whether it is better for the surgery to be performed with the help of robotic technology. He asks his surgeon…
Money can undermine our morals. If you don’t believe me, look what happened to a group of four-through-six-year-olds who were brought in for a simple experiment. Researchers asked them to sort objects from a box. Half sorted coins, and half sorted buttons. Then they were asked to do one more thing–try to find their way…
“Specialty drugs” – that’s what they’re called. Not the pills of old, these pharmaceuticals are often given intravenously or through injection. Often more biologic in their synthesis than chemical, they are expensive to produce and often target narrow disease processes, meaning the number of patients likely to benefit from them is much much smaller than,…
“Blindness cuts us off from things, but deafness cuts us off from people.” – Helen Keller (Click to view comments)
Cancer drugs have become increasingly expensive in recent years. No one blinks anymore when a new lung cancer or colon cancer treatment comes to market priced at more than $100,000 per patient. In part, we don’t blink because we have simply gotten used to such prices – the shock has worn off. Moreover, many of…