Whether high-stakes exams such as the SAT or College Board AP exams should penalize incorrect answers is a controversial question. In this paper, we document that penalty functions can have differential effects depending on a student's risk tolerance. Moreover, literature shows that risk aversion tends to vary along other areas of concern such as…

Fanaticism and extremism are increasingly recognized as seminal to psychopathology and distress, especially considering the increase in political unrest and violence over the last decade. In the psychopathological literature, however, the cognitive style associated with extremism and overgeneralization has long been recognized as a risk factor for…

This is an account of a portion of the research on cognitive, personality, and social psychology at ETS since the organization's inception. The topics in cognitive psychology are the structure of abilities; in personality psychology, response styles and social and emotional intelligence; and in social psychology, prosocial behavior and stereotype…