Recommendations by other customers significantly influence Internet purchasing behavior
The online purchasing behavior of private individuals shopping in their leisure time is heavily influenced by recommendations made by other customers. This is the conclusion drawn by researchers at Johannes Gutenberg University ...
Good cause + moderate discount = more sales
Many businesses now offer customers the opportunity to make charitable donations to good causes along with their purchases, but does this really encourage the customer to buy more? According to a new study in the Journal of ...
Customers prefer special treatment to discounts
Giving customers the VIP treatment is more effective than discounts when it comes to establishing customer loyalty, says a Massey University consumer behaviour specialist.
Outsmarting the airlines on price could get harder
Technology and competition have made it easier for consumers to capture deals on airline tickets with the right strategy.
Research shows the behaviour of business leaders could be directly linked to their experiences in childhood
What makes a great leader? Effectiveness? Experience? Volcanoes? It might seem unlikely, but new research from a team of academics, including Raghavendra Rau, Sir Evelyn de Rothschild Professor of Finance ...
Study shows banks that have good working relationships with their customers reduce loan defaults
You've probably seen advertising campaigns in which banks describe how much their customer relationships matter to them. While such messaging might have been cooked up at an ad agency, it turns out there ...
Traders who 'sync up' make more money: study
(PhysOrg.com) -- Long-standing problems are quite often solved simultaneously by various people working alone. Take, for example, naturalists Charles Darwin and Alfred Russel Wallace, who separately proposed the theory of ...
Dropouts weren't prepared in first place, study finds
While some folks may look at university/college dropouts as simply lazy slackers, a Western study boils the bailout down to simple ability.
Financial experts may not always be so expert new Notre Dame study reveals
When in doubt, an expert always knows better. Except in the case of mutual-fund managers. There may be some room for doubt in their case a new study by Andriy Bodnaruk, an assistant finance professor at the University of ...
Time to dethrone GDP as a measure of national success, researcher says
(Phys.org) —Gross Domestic Product is a misleading measure of national success, say ANU experts.
Study finds unexplored link between airlines' profitability and their accident rates
(PhysOrg.com) -- Airlines' accident risk is highest when they are performing very close to their financial targets, according to a study by a professor in BYUs Marriott School of Management.
A life well spent: Consume now (in case you die early)
You only live once. Carpe diem. You can't take it with you. As often as we hear these clichés, they might include some real economic wisdom for some, according to research led by Princeton University's Woodrow ...
Researchers present causal evidence on how markets affect moral values
Many people express objections against child labor, exploitation of the workforce or meat production involving cruelty against animals. At the same time, however, people ignore their own moral standards when acting as market ...
Income inequality now greater in China than in US
(Phys.org) —Income inequality has been rising rapidly in China and now surpasses that of the U.S. by a large margin, say University of Michigan researchers.