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Crowd panics, market bubbles, and other unpredictable collective behaviors would not happen if people were smart about these things and just thought through their behavior before they acted. Right? That’s the perspective in economics, and even psychology and sociology. But a UC Davis researcher looked at how people behave in simple reasoning games and found […]
How we feel about our own material wellbeing and status in society is largely determined by our evaluation of others. However, the neurological underpinnings to how we monitor the complex social environment under conditions of limited access to resources and whether we feel happy or disappointed with our lot have remained unclear. In a new […]