This paper considers the relationship among the inferential style characterizing a society, its litigation system, and other aspects of its culture. Differences between common law and Continental systems of litigation are associated with a stronger individualistic tendency in Anglo-American...

Highly knowledgeable people often fail to achieve highly accurate judgments, a phenomenon sometimes called the ''processperformance paradox.'' The present research tested for this paradox in foreign exchange (FX) rate forecasting. Forty professional and 57 sophisticated amateur forecasters made...