There's been a small boom in the debate on uncertainty at RIETI. Our fellows recently have written several discussion papers and a column on this topic [1-4]. Overall, their conclusions suggest that ...
In my last post, we looked at the importance of culturability, “the relationship between culture and usability in WWW design” [1], and specifically, Individualism vs Collectivism [2], when designing ...
Keep in mind that the brain’s potential to use uncertainty in positive ways hinges on the brain interpreting uncertainty as a ...
In one research study, participants were given a choice: Either they could pay $38 to guarantee they would get a $50 gift certificate, or they could pay $28 to enter a lottery for a chance to win ...
Avoidance, by itself, isn’t negative. It makes people think it isn’t a big deal. But imagine how many missed opportunities for growth or connection, in time, add up to a lost relationship or what may ...
Uncertainty is not as easily measured as traditional indicators like growth or inflation, but economists have built some reliable proxies. One of the best-known gauges is the Economic Policy ...