To take a risk, consider in a foreign language

To take a risk, consider in a foreign language

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When people consider a problem in a foreign language, they are more likely to take favorable risks and make more rational decisions—a finding that could have implications for business in a global economy.

“We know from previous research that because people are naturally loss-averse, they often forgo attractive opportunities,” says Boaz Keysar, professor of psychology at the University of Chicago.

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