News From the Field
A Diagnostic Approach to Alternatives Can Lead to Better Decision-making
March 1, 2010
Researchers led by Philip Fernbach, a cognitive and linguistic sciences graduate student, have found that individuals are more likely to consider alternative causes when they make diagnoses than when they make decisions about the future. The findings suggest that framing problems as diagnostic-likelihood judgments can reduce bias. Details will be in the March 2010 edition of Psychological Science.
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2014, its budget is $7.2 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
Get News Updates by Email
Useful NSF Web Sites:
NSF Home Page: http://www.nsf.gov
NSF News: http://www.nsf.gov/news/
For the News Media: http://www.nsf.gov/news/newsroom.jsp
Science and Engineering Statistics: http://www.nsf.gov/statistics/
Awards Searches: http://www.nsf.gov/awardsearch/