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Economics & Business news

Asymmetric power boosts extortion in the workplace

What do profit-driven bosses do if they are not satisfied with an employee's conduct? They use their strategic advantage to blackmail their subordinates: "If you don't want to do the job, I'm sure we'll find somebody else ...

Buying high vs. bargain hunting

Purchasing and pricing has always been a dance between buyers and sellers. Before deciding to make a purchase, buyers spend varying amounts of time and effort searching for price information. These searches can and do affect ...

How to boost your crowdfunding success

Successfully raising money on crowdfunding sites such as Kickstarter and Indiegogo hinges on many things, but the most important variable is the behavior of potential backers, says a University of Michigan researcher.

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