News tagged with economic theory

Globalized economy more sensitive to recessions: physicists

By applying the same rules that explain how genomes evolve, Rice University physicists have shown that the world economy is more sensitive to recessionary shocks and recovers more slowly from recessions now than it did 40 ...

Physics / General Physics

created Oct 18, 2010 | popularity 4.7 / 5 (11) | comments 56 | with audio podcast

Online poker study: The more hands you win, the more money you lose

(PhysOrg.com) -- A new Cornell study of online poker seems counterintuitive: The more hands players win, the less money they're likely to collect - especially when it comes to novice players.

Other Sciences / Other

created Jan 12, 2010 | popularity 4.6 / 5 (8) | comments 0 | with audio podcast

The economics of database searching

(PhysOrg.com) -- Searching the internet might seem simple, but applying a little bit of economic theory to information retrieval can shed some light on the best search strategies to adopt, according to researchers.

Technology / Computer Sciences

created Aug 11, 2011 | popularity 5 / 5 (1) | comments 0 | with audio podcast

Consumers will pay more for goods they can touch: research

We've all heard the predictions: e-commerce is going to be the death of traditional commerce; online shopping spells the end of the neighborhood brick-and-mortar store.

Other Sciences / Economics & Business

created Sep 08, 2010 | popularity 5 / 5 (1) | comments 5 | with audio podcast

Hoover's pro-labor stance helped cause Great Depression, economist says

(PhysOrg.com) -- Pro-labor policies pushed by President Herbert Hoover after the stock market crash of 1929 accounted for close to two-thirds of the drop in the nation's gross domestic product over the two years that followed, ...

Other Sciences / Economics & Business

created Aug 28, 2009 | popularity 3.4 / 5 (11) | comments 12

Financial instruments could be spiked with unfindable risks

(PhysOrg.com) -- In a result that may have implications for financial regulation, researchers from computer science and economics have revealed potentially impenetrable problems with the pricing of financial ...

Other Sciences / Economics & Business

created Dec 21, 2009 | popularity 4.7 / 5 (20) | comments 42

Identifying poverty levels requires accurate measurements

When food prices spiked in 2008, the number of households that moved into poverty was overestimated by about 60 percent, according to a recent University of Illinois study. In middle-income countries such as Mexico that have ...

Other Sciences / Economics & Business

created Feb 15, 2012 | popularity 4 / 5 (2) | comments 0

Imposing trade restrictions on parallel imports can motivate a firm to export, study finds

(Phys.org) -- Imposing trade restrictions on parallel imports has the surprising effect of motivating a firm to export, according to a new study using game theory economic analysis.

Other Sciences / Economics & Business

created Apr 11, 2012 | popularity 5 / 5 (1) | comments 0

Markets outperform patents in promoting intellectual discovery, say economists

When it comes to intellectual curiosity and creativity, a market economy in which inventors can buy and sell shares of the key components of their discoveries actually beats out the winner-takes-all world of patent rights ...

Other Sciences / Economics & Business

created Mar 05, 2009 | popularity 5 / 5 (5) | comments 1

Performance pay is a good lesson for education, expert finds

Tuesday, President Barack Obama announced a new education reform, calling for a merit-pay system for teachers in hopes of improving student performance. As the nation's public schools spend $187 billion in salaries, based ...

Other Sciences / Social Sciences

created Mar 13, 2009 | popularity 1 / 5 (1) | comments 0

Study finds key tax break has adverse effect on homeownership, social welfare

The American dream of owning a home with a white picket fence may stay a dream for many, according to a recent study by a Kansas State University economist.

Other Sciences / Economics & Business

created Mar 30, 2011 | popularity 5 / 5 (3) | comments 0

Economist studies how higher gas price affect consumer behavior

A dollar is a dollar is a dollar, so goes the economic theory of fungibility. But do people really act that way? In a new working paper, Brown University economist Justine Hastings and Jesse Shapiro of Chicago Booth School ...

Other Sciences / Economics & Business

created May 12, 2011 | popularity not rated yet | comments 0

Speed at which ship sinks can affect passenger behavior, study finds

Whether it is "Women and children first" or "Every man for himself" in a shipwreck may depend on how long it takes the ship to sink, researchers said Monday.

Medicine & Health / Psychology & Psychiatry

created Mar 02, 2010 | popularity 1 / 5 (1) | comments 0

Truth revealed in rare disaster theory

(PhysOrg.com) -- Research that supports a theory that investors need to account for rare disasters when making decisions on the stockmarket has been accepted for publication in the international top journal in finance.

Other Sciences / Economics & Business

created Oct 13, 2010 | popularity 1 / 5 (1) | comments 2

Researcher considers the role of morality in modern economic theory

The worldwide financial crisis in 2008, which led to what many in the United States now call the "Great Recession," has caused researchers to rethink traditional economic theories of financial markets and ...

Other Sciences / Economics & Business

created May 27, 2010 | popularity 4.3 / 5 (3) | comments 2