When and where to protect forests

Researchers at the University of Minnesota and the University of Colorado Boulder developed a mathematical model to determine what forests should be prioritized for conservation investments to protect species and reduce extinction ...

Wealth inequality in Australia and the rapid rise in house prices

A report launched today by UNSW Sydney and Australian Council of Social Services (ACOSS) Poverty and Inequality Partnership confirms that even though Australians are now, on average, the fourth richest people in the world, ...

What Harry Potter can (and can't) teach us about economics

A new paper in Oxford Open Economics, published by Oxford University Press, explores "Potterian economics"—the economics of the world of J.K. Rawling's Harry Potter series. Comparing such economics with professional economic ...

Mistakes and rethinking behavioral economics

Behavioral economics is a field that seeks to understand how people make decisions about things they want and need. The field relies on a collection of theories—models—that predict how people will make choices in a variety ...

Global warming increases risks of East China flooding

The Western Pacific Subtropical High (WPSH) is an anticyclonic atmospheric system hovering over the middle and lower troposphere of the northwestern Pacific, dominating summer climate extremes in the densely populated countries ...

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