View Content #14319
Contentid | 14319 |
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Content Type | 1 |
Title | Study: Thinking in a Foreign Language Leads to More Rational Decisions |
Body | Second Language Translates Into Clearer Thinking New research finds people make more rational financial decisions when they consider their options using their second language. By Tom Jacobs April 24, 2012 A research team led by psychologist Boaz Keysar reports using one’s second language reduces or eliminates certain biases that otherwise infiltrate our decision-making. Specifically, our aversion to potential loss — a bias that can lead us to pass up promising opportunities for potential gains — diminishes as we ponder options in a language learned later in life. “People who routinely make decisions in a foreign language rather than their native tongue might be less biased in their savings, investment, and retirement decisions,” the researchers write in the journal Psychological Science. “Over a long time horizon, this might very well be beneficial.” Read the full article at http://www.psmag.com/education/second-language-translates-into-clearer-thinking-41740 Read a related article at http://www.wired.com/wiredscience/2012/04/language-and-bias Access the original article at http://pss.sagepub.com/content/early/2012/04/18/0956797611432178 |
Source | Various |
Inputdate | 2012-04-27 08:16:55 |
Lastmodifieddate | 2012-04-27 08:16:55 |
Expdate | Not set |
Publishdate | 2012-04-30 00:00:00 |
Displaydate | Not set |
Active | 1 |
Emailed | 1 |
Isarchived | 0 |