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Study posits a theory of moral behavior

(PhysOrg.com) -- Why do some people behave morally while others do not? Sociologists at the University of California, Riverside and California State University, Northridge have developed a theory of the moral ...

Other Sciences / Social Sciences

created Feb 16, 2012 | popularity 3.7 / 5 (18) | comments 45 | with audio podcast

Wireless startup LightSquared files for bankruptcy

LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.

Technology / Telecom

created May 14, 2012 | popularity 4.8 / 5 (4) | comments 6

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

The crisis of shareholder primacy

If we want to prevent the next financial crisis, a new model of corporate governance is needed to replace shareholder primacy in financial institutions. Gates Scholar Mike Marin explains why.

Other Sciences / Economics & Business

created Mar 20, 2012 | popularity 3.5 / 5 (4) | comments 3

New mortgage design would minimize home foreclosures

With mortgage loan defaults on the rise yet again, two mortgage researchers are proposing a new type of mortgage contract that automatically resets the balance and the monthly payment based on the mortgaged home's market ...

Other Sciences / Economics & Business

created Jan 19, 2011 | popularity 4.3 / 5 (3) | comments 22

Study finds consumer behavior and lifestyle traits influence foreclosure rates (w/ Video)

A homeowner's station in life and personal spending beliefs and habits are important indicators of the borrower's potential for home-mortgage default, say researchers in the University of Alabama at Birmingham ...

Other Sciences / Economics & Business

created Jan 14, 2010 | popularity 4 / 5 (3) | comments 0

Most mortgage meltdowns not caused by subprimes

Subprime mortgages were not the main reason behind the housing crisis that started in 2009 and continues to bedevil the faltering U.S. economy, according to a University of Michigan study.

Other Sciences / Economics & Business

created Oct 22, 2010 | popularity 5 / 5 (2) | comments 1

Some banks help keep mortgage holders out of default, studies find

While the nation's foreclosure crisis has focused blame on bad loan practices by some lenders, new research shows how some banks may have actually reduced the default risk of their homebuyers.

Other Sciences / Economics & Business

created Jan 03, 2011 | popularity 5 / 5 (2) | comments 1

Chinese-Americans don't overborrow, study finds

Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American ...

Other Sciences / Economics & Business

created Oct 17, 2011 | popularity 5 / 5 (2) | comments 2

Banking on outlier detection: Simple computer model could act as early warning system for failing banks

Recent bank failures point to the continuing need for vigilance by regulators and investors. Now, a report in the International Journal of Operational Research, discusses the possibility of an early-warning system that s ...

Other Sciences / Economics & Business

created Oct 07, 2009 | popularity 3 / 5 (2) | comments 0

From stress to financial mess: Study suggests acute stress affects financial decision making

It is not surprising that as our economy continues its freefall, we are feeling increasingly more stressed and worried. Many of us are feeling extreme unease about the security of our jobs and being able to make our next ...

Medicine & Health / Psychology & Psychiatry

created Apr 01, 2009 | popularity 5 / 5 (1) | comments 0

One factor can make mortgage modifications up to one-third more likely, study finds

One factor, little-known by borrowers, can play a large role in whether banks are willing to renegotiate mortgages with homeowners who are struggling to meet payments.

Other Sciences / Economics & Business

created Feb 09, 2011 | popularity 5 / 5 (1) | comments 4

Another wave of foreclosures likely in new year

(PhysOrg.com) -- As we near the end of the year, Phoenix-area home prices have started to go up, but another wave of foreclosures is likely to hit soon. That's according to the author of the latest Realty Studies report from ...

Other Sciences / Economics & Business

created Dec 10, 2009 | popularity 1 / 5 (2) | comments 1

Stanford experts assess SEC-Goldman suit, stress need to better regulate financial markets

(PhysOrg.com) -- Two Stanford experts on the finance industry distinguished between ethical and legal issues during a public analysis of the Securities and Exchange Commission's lawsuit against Goldman Sachs' allegedly fraudulent ...

Other Sciences / Economics & Business

created May 04, 2010 | popularity 1 / 5 (2) | comments 0

Mortgage modification policies slow employment recovery, economists say

In a new study, UCLA economists estimate that means-tested mortgage modifications, which significantly reduce mortgage payments to households whose incomes have declined, have raised the unemployment rate by approximately ...

Other Sciences / Economics & Business

created Sep 15, 2011 | popularity 1 / 5 (1) | comments 2