A new online experiment in the United Kingdom found that a brief mindfulness training (lasting 2 weeks, 15 minutes a day) can make individuals less likely to avoid information that may cause worry or regret. In this way, individuals can be trained to reduce one of the most important decision-making biases. The study was published in Economics Letters. Avoiding information about potentially negative outcomes, even when such information is freely available is one of the most well-known biases in individual decision-making. It is also one of the most dangerous issues in decision making. Historica...
