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Thinking in a foreign language helps economic decision-making

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In a study with implications for businesspeople 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 non-native tongue. People are more likely to take favorable risks if they think in a foreign language, the new study showed. “We know from previous research that because people are naturally loss-averse, they often forgo attractive opportunities,” said UChicago psychologist Boaz Keysar...

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