Money
Betting Decisions and Dopamine Regulating Genes in Your Brain
"We know from brain imaging studies that when people compete against one another, they actually engage in two distinct types of learning processes. One type involves learning purely from the consequences of your own actions, called reinforcement learning. The other is a bit more sophisticated, called belief learning, where people try to make a mental model of the other players, in order to anticipate and respond to their actions." more »
High-tech, High-skilled and High-paying Careers: Selling Manufacturing to a New Generation
Pamela Prah writes: Nationwide, US employers reported in 2013 that skilled trades positions were the most difficult to fill, the fourth consecutive year this category has topped the list. A 2011 industry report estimated that as many as 600,000 manufacturing jobs were vacant because employers couldn’t find the skilled workers to fill them, including machinists, distributors, technicians and industrial engineers.
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Harvard Professor Brigitte Madrian Remarks on the Retirement Savings Landscape for Women
"My biggest concern for women is what happens in retirement. Women have longer life expectancies than men, and married women tend to be several years younger than their husbands, so that the average married woman reaching retirement can expect to spend several years as a widow, and the average single women reaching retirement will spend all of her retirement years that way. In the shift away from defined benefit and toward defined contribution retirement plans, the financial security of women in retirement will depend very much on how the wealth accumulated for retirement is managed." more »
We All Know That Anything a Man Can Do, a Woman Can Do Just as Well, Right?
Even when the interviewees had the chance to tell the employers about how well they expected to do on an upcoming arithmetic test, the economists found that the bias remained in place because men tend to boast and to inflate their abilities, which the hirers were willing to believe. The findings also suggest that both sexes discriminate against women without realizing that they do so. more »