Two heads worse
You might think investors working together would be less individually biased, but University of Göttingen research finds instead that teaming up may reinforce investor reluctance to realise losses and maximise wins with a quick sale. Researcher Holger Rau says peer presence increases this disposition effect.
People may be happier working for non-profit organisations despite earning less, a paper looking at 76,423 people in the UK suggests. Bard College’s Martin Binder writes that these employees may enjoy their daily activities more and feel they play a useful role in society – even if they’re already happy.