News From the Field
Thinking in a Foreign Language Helps Economic Decision-making

April 25, 2012

In a study with implications for business people in a global economy, researchers at the University of Chicago have found that people make more rational decisions when they think through a problem in a nonnative tongue. People are more likely to take favorable risks if they think in a foreign language, the new study showed. Full Story

Source
University of Chicago

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) 2012, its budget was $7.0 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/