Social interactions lead to outcomes for oneself and others, which can be gains or losses. Yet, it is unclear how exactly people’s social decisions are affected by whether an outcome is above or below ...

The equitable allocation of resources has long been a central concern for humanity, prompting extensive research into various motivations that drive the pursuit of distributive justice. In contrast to ...

This article originally appeared on Undark. While most people have likely never heard of loss aversion, the concept — arising in the social sciences some four decades ago — is among the most ...

The researchers came to this conclusion after running three experiments. The first tested whether people are less likely to choose the same gamble when its two possible outcomes are framed as being a ...

It’s well known among economists that most people don’t like income disparities, especially when they’re on the lower rungs of the economic ladder. This is reflected in polls and scientific studies, ...

Researchers from the University of Granada, together with scientists from the Autonomous University of Baja California (UABC), have identified the area of the brain that is directly involved in the ...