Ignorance may be bliss for consumers, economist says
Would having more information about the value of a product—say, a new camera—help potential buyers? Not necessarily, according to a Cornell economist.
Feb 12, 2013
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Feb 12, 2013
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Why moderate beliefs rarely prevail
(Phys.org)—We live in a world of extremes, where being fervently for or against an issue often becomes the dominant social ideology – until an opposing belief that is equally extreme emerges to challenge ...
Oct 02, 2012
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Sharing patents with competitors may encourage innovation as probability for market success increases, study suggests
(PhysOrg.com) -- Firms that make a previously patented innovation accessible to competitors increase overall likelihood of improving upon that breakthrough while also raising profits for the original innovator and market ...
Mar 16, 2012
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Not just 'woody weeds' - spreading shrubs have silver lining
Benefits by the barrel
(PhysOrg.com) -- Countries rich in oil have long been associated with the "resource-curse paradox" - a principle which states they will suffer, rather than benefit, in the long run. Not so, new research by ...
Apr 11, 2011
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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 ...
Oct 18, 2010
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