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Articles on Risk taking

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Another U.S. bank bit the dust. AaronP/Bauer-Griffin/GC Images via Getty Images

Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows

The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
So much uncertainty around risk can make it extra hard to decide what to do. Richard Drury/DigitalVision via Getty Images

Pandemic decision-making is difficult and exhausting – here’s the psychology that explains why

People tend to dislike uncertainty and risk – two things that are hard to avoid completely during a pandemic. That’s part of why it can feel especially draining to make even small decisions these days.
Female elephant seals take seven-month feeding trips during which they balance danger, starvation and exhaustion. Dan Costa

Risk versus reward on the high seas – skinny elephant seals trade safety for sustenance

By measuring how and when elephant seals sleep, researchers were able to figure out how elephant seals change their risk-taking behavior as they gain weight.
Masks are a crucial tool for stopping the pandemic – but don’t let them give you a false sense of security. Patricia J. Garcinuno/Getty Images Entertainment via Getty Images Europe

Mandatory face masks might lull people into taking more coronavirus risks

Policies meant to improve public health – like mandatory face masks during the coronavirus pandemic – need to take into account how people might adjust other behaviors in response.
Protective measures and their safety assurances can change how people act around risk. Alfredo Falcone/LaPresse via AP

When safety measures lead to riskier behavior by more people

Behavioral economists explain how widespread use of face masks, hand sanitizer and other preventive measures could counterintuitively encourage riskier behaviors around coronavirus.
Have real conversations with your kids about what they’re doing, and the potential consequences of their actions. from shutterstock.com

Five ways parents can help their kids take risks – and why it’s good for them

Taking risks helps children test new ideas and find personal capabilities and limits. Here are five lessons from early childhood educators to help parents encourage their kids to take risks, safely.
Falls are the main reason for childhood injuries, but kids usually recover. from shutterstock.com

Should I let my kid climb trees? We asked five experts

Every expert we asked talked about the importance of letting children take risks and explore in nature. But they also advised parents to supervise and set limits.
A large body of research has shown students who were relatively old among their peers are more likely become professional sports players. www.shutterstock.com

How your birth date influences how well you do in school, and later in life

The reason isn’t your astrological sign, but rather the role your birth date plays in deciding when you enter school. Children who are older than their peers in school tend to do better.

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