Apr 272012
How Thinking in Another Language Improves Your Decision-Making

The title of the recent study, published in the journal Psychological Science summarizes why mastering foreign languages is good for you and the world: "The Foreign-Language Effect: Thinking in a Foreign Tongue Reduces Decision Biases." Only the abstract is accessible as of now, but even that reveals plenty (emphasis mine): Using a foreign language reduces decision-making biases. Four experiments show that the framing effect disappears when choices are presented in a foreign tongue. Whereas people were risk averse for gains and risk seeking for losses when choices were presented in their native tongue, they were not […] Continue reading >