Inaction Inertia in the Stock Market1

Based on the inaction inertia effect, it was hypothesized that investors who missed an opportunity to leave a “bear market” will be less likely to sell the stock at a later opportunity when facing a grave loss. Participants in a stock‐market computer game were given an opportunity to sell their stock for a moderate gain. Having missed this initial opportunity and now facing a grave loss, these participants were less likely to sell their stock compared to participants whose potential loss was not as grave, or compared to participants facing the same magnitude of loss who had no previous opportunity to leave the market. Analysis of the time spent by participants on reading relevant information concerning the stock market suggests that this tendency toward continued inaction was not the result of careful deliberation over market trends. The results are discussed in terms of counterfac‐tual thinking and anticipated regret.     

A Lambek Automaton

We define an automata-theoretic counterpart of (type-logical)grammars based on the (associative) Lambek-calculus L, a prominentformalism in computational linguistics. While the usual push-downautomaton (PDA) has the same weak generative power as the L-basedgrammars (Pentus, 1995), there is no direct relationship betweenthe computations of a PDA for some language L and the derivationsof an L-based grammar for L. In the Lambek-automaton, on theother hand, there is a tight relation (1-1) between automatoncomputations and grammar derivations. The automaton exhibitsa novel mode of operation, using hypothetical steps, directlyinspired by the hypothetical reasoning embodied by L.     

Systemic blockade of D2-like dopamine receptors facilitates extinction of conditioned fear in mice

Extinction of conditioned fear in animals is the explicit model of behavior therapy for human anxiety disorders, including panic disorder, obsessive-compulsive disorder, and post-traumatic stress disorder. Based on previous data indicating that fear extinction in rats is blocked by quinpirole, an agonist of dopamine D2 receptors, we hypothesized that blockade of D2 receptors might facilitate extinction in mice, while agonists should block extinction, as they do in rats. One day after fear conditioning mice with three pairings of a white noise conditional stimulus (CS) with moderate footshock, we injected the D2 antagonist, sulpiride, the D2 agonist, quinpirole, or vehicle, just before repeated CS presentations to generate extinction. We assayed fear by measuring behavioral freezing during extinction presentations and then drug-free during CS presentations 1 d later. We found that sulpiride injections before extinction training facilitated extinction memory 24 h later, while quinpirole partially blocked extinction memory compared with vehicle-injected controls. Notably, sulpiride treatment yielded significant extinction after spaced CS presentations, which yield no extinction at all in vehicle-treated mice. These findings suggest that dopamine D2-mediated signaling contributes physiological inhibition of extinction, and that D2 antagonists may be useful adjuncts to behavior therapy of human anxiety disorders.     

A case study approach to delivering and evaluating services by a school psychologist

Two interrelated problems in delivering school psychological services by one school psychologist acted as a motivating force behind this study: the problem of how to plan and render services to a school system where the ratio of students to school psychologists is high, and the problem of how to determine the degree of effectiveness of these services. This study describes an approach which consisted of three distinct services rendered by a school psychologist. Evaluative measurements of the services were made in two areas: the effect of the services on the ongoing operations of the system, and the evaluation of the services by school personnel exposed to the services directly or indirectly. The relative merits and the limitations of such an approach are discussed.     

Political Moralism and Constitutional Reasoning: A Reply to Bernard Williams

Res Publica - Williams’s well-known critique of the ‘moralism’ of liberal political philosophy—its disconnect from political reality—holds special significance for the...     

Together we cry: Social motives and preferences for group-based sadness

Group-based emotions play an important role in helping people feel that they belong to their group. People are motivated to belong, but does this mean that they actively try to experience group-based emotions to increase their sense of belonging? In this investigation, we propose that people may be motivated to experience even group-based emotions that are typically considered unpleasant to satisfy their need to belong. To test this hypothesis, we examined people's preferences for group-based sadness in the context of the Israeli National Memorial Day. In two correlational (Studies 1a and 1b) and two experimental (Studies 2 and 3) studies, we demonstrate that people with a stronger need to belong have a stronger preference to experience group-based sadness. This effect was mediated by the expectation that experiencing sadness would be socially beneficial (Studies 1 and 2). We discuss the implications of our findings for understanding motivated emotion regulation and intergroup relations.     

Gender and Emotions at Work: Organizational Rank Has Greater Emotional Benefits for Men than Women

Sex Roles - The way people feel is important for how they behave and perform in the workplace. Experiencing more positive?and less negative?emotions at work is often associated with...     

Juvenile Competency and Responsibility: Public Perceptions

The current study examined the relationship between knowledge of adolescent brain development and attitudes about juvenile competency, responsibility, likelihood to recidivate, and rehabilitative capacity. In addition, it examined what factors—a juvenile's age, the type of crime committed, or the immediacy of the crime—influenced participants' perceptions. Participants displayed some knowledge of adolescent brain development and social maturity, and tended to see adolescents as not ready, emotionally or psychologically, to handle the proceedings of adult court or a jury trial. However, a delay in criminal behavior (immediate vs. next morning) and type of victim (targeted vs. random) heavily influenced ratings of responsibility, likelihood to recidivate, and rehabilitative capacity. Implications for jury decision making and public policy are discussed.     

Process analytic models of creative capacities

Although a number of factors condition the success of creative efforts, most investigators recognize the fundamental importance of novel problem solutions. As a result, a number of systems intending to describe the processes contributing to the generation of innovative problem solutions have been proposed. In the present article, earlier models describing the processes contributing to creative problem solutions are reviewed. The common themes appearing in these models are then considered in relation to the use of extant information structures. Certain implications of cognitive information processing for understanding the nature and ontogeny of the creative act are then discussed, along with their potential contributions to the identification and development of creative potential.