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Behavioral

How Gambling Is Transforming the Experience of Sports

We asked Professor Nathan Novemsky, who has examined the psychology of gambling in multiple studies, how the ubiquity of betting is changing the way we watch sports.

Fans at a baseball game with a FanDuel ad on the fence in front of them
  • Narrative Economics: How Stories Go Viral

    Nobel Prize-winning Yale economist Robert Shiller examines how the stories we tell about our lives and our society can spread from person to person, changing shared perceptions of events and shaping economic behavior.

    Robert Shiller superimposed over images of newspapers from during the global financial crisis
  • Why a Pandemic Leads to Panic Buying

    We asked Yale SOM’s Nathan Novemsky, an expert in the psychology of judgment and decision-making, for his thoughts on how consumers are behaving during the COVID-19 pandemic and how they’re likely to view companies’ actions in the aftermath.

    A shopper confronting empty shelves at a grocery store in Wassenaar, The Netherlands, on March 14, 2020. Photo: Michel Porro/Getty Images.
  • New Study Shows that Trust Can Last

    A new study co-authored by Yale SOM’s Florian Ederer explores how the trust we place in one another is affected by our ability to communicate and by the passage of time.

    Illustration of two people with pockets full of money shaking hands in front of clock
  • How Not to Hate the Holidays 

    We asked Nathan Novemsky, a social psychologist and a professor of marketing at Yale SOM, what the research says about avoiding tension and creating positive memories.

    https://insights.som.yale.edu/insights/three-questions-prof-gal-zauberman-on-the-psychology-of-taking-vacation-photos
  • Admitting a Purchase Mistake Makes Online Reviews More Persuasive

    Yale SOM’s Taly Reich has conducted a series of studies exploring the surprising value of mistakes. In her latest paper, she and her co-author show that shoppers are more likely to purchase a product after reading a review that describes making a prior purchase mistake.

    A customer returns a package at an Amazon Locker location in a Whole Foods Market grocery store in Lake Oswego, Oregon. Photo: Tada Images/Alamy Stock Photo.
  • We’re Not Sure What Authenticity Is, But We Know We Like It

    Foodies, employees, and art lovers all prize authenticity—but each means something a little different when they say that something or someone is authentic.

    A man inspecting a diamond using a magnifying glass, with a trash can full of discarded diamonds behind him
  • What We Talk about When We Talk about Stock Market Crashes

    Yale SOM’s Robert Shiller examines how the stock market rise of the 1920s, the crash of 1929, and the Great Depression that followed came to be seen as a tale of recklessness and divine punishment.

    Messengers from brokerage houses crowd around a newspaper after the stock market crash on October 24, 1929. Photo: by Eddie Jackson/NY Daily News Archive via Getty Images.
  • A Few Seconds of Speech Sparks Class Bias in Hiring

    New research by Yale SOM’s Michael Kraus shows that people can accurately assess a stranger’s socioeconomic position based on brief speech patterns and that these snap perceptions influence hiring managers in ways that favor job applicants from higher social classes.

    A green pear with a green speech bubble and a red apple with a red speech bubble
  • When Prompting People to Make a Choice, the Consequence of Not Choosing Matters

    In a new study, Yale SOM’s James Choi and his colleagues found that the implicit default—what happens if people don't make a choice—affects whether they make a choice at all.

    A computer showing a check box next to one of three choices.
  • Three Questions: Prof. Gal Zauberman on the Psychology of Taking Vacation Photos

    In his research, Yale SOM’s Gal Zauberman has explored how taking photos affects an experience. We asked him whether documenting our summer adventures can actually improve them.

    Women taking selfies in a field of sunflowers