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Economics & Business news
This year's Nobel prize in economics awarded to team that examined what makes some countries rich and others poor
The 2024 Nobel Prize in Economics has been awarded to three US-based economists who examined the advantages of democracy and the rule of law, and why they are strong in some countries and not others.
Economics & Business
51 minutes ago
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When AI plays favorites: How algorithmic bias shapes the hiring process
A public interest group filed a U.S. federal complaint against artificial intelligence hiring tool, HireVue, in 2019 for deceptive hiring practices. The software, which has been adopted by hundreds of companies, favored certain ...
Social Sciences
18 hours ago
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Disruption or adaptation: Three questions for the right digitalization strategy
Does every company need to focus on disruption with its digital strategy or should it wait for disruptions from others before reacting and adapting its processes? A new study by Jan Recker, Murat Tarakci and Fabian J. Sting ...
Economics & Business
19 hours ago
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Research finds homeowners use credit strategically to recover from hurricanes
A massive storm can instantly sweep away someone's dream home, as we've seen recently with Hurricane Helene and now Hurricane Milton. Millions in the Southeast have had their homes destroyed or damaged by these devastating ...
Economics & Business
19 hours ago
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Can listening to music make you more productive at work?
Listening to music can enhance our lives in all kinds of ways—many of us use it during exercise, to regulate our mood, or in the workplace.
Social Sciences
21 hours ago
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Acting ethically is no longer enough: Brands need to 'care' about consumers
In an era where consumers expect more from brands, merely adhering to ethical guidelines is no longer sufficient, according to new research by the University of Portsmouth.
Economics & Business
21 hours ago
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Trio wins economics Nobel for work on wealth inequality
The Nobel prize in economics was awarded on Monday to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations.
Economics & Business
Oct 14, 2024
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Role of government, poverty research tipped for economics Nobel
Closing the season, the Nobel economics prize is handed out on Monday with specialists on credit, the role of government, and wealth inequality seen as possible contenders.
Economics & Business
Oct 14, 2024
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Research collaboration examines Filipino migration dynamics
Over one million Filipinos leave their country every year to work. The high emigration figures not only concern the Philippine state, but also the economist Andreas Steinmayr. In July 2024, he resumed a long-standing collaboration ...
Economics & Business
Oct 11, 2024
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How artificial intelligence is unmasking bias throughout the recruitment process
New research from the Monash Business School has found that throughout the job recruitment process, women believe artificial intelligence assessments reduce bias, while men fear it removes an advantage.
Economics & Business
Oct 11, 2024
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Use of AI in property valuation is on the rise—but we need greater transparency and trust
New Zealand's economy has been described as a "housing market with bits tacked on". Buying and selling property is a national sport fueled by the rising value of homes across the country.
Economics & Business
Oct 11, 2024
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Study finds that even positive third-party ratings can have negative effects
There's history, glitz, and glamor surrounding the awarding of Michelin stars to restaurants, but new research shows there can be a downside to achieving even the highest industry rankings. In a study published in Strategic ...
Economics & Business
Oct 11, 2024
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Committed a workplace gaffe? You will survive it (and you may even get promoted)
Nearly everybody has emailed the wrong thing to the wrong person at the wrong time. It's a leveler in modern workplaces. The consequences of errors may be immense or trivial, but not much can change that now. The error was ...
Economics & Business
Oct 11, 2024
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'Overwhelmed, hopeless, crushed': Australian report reveals how housing crisis is reshaping young people's lives
Australia's housing crisis is severely impacting young people's safety, relationships, health and well-being, education, employment, and ability to plan for the future, according to new report launched in Canberra as part ...
Social Sciences
Oct 10, 2024
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Earning an associate degree has varying value for workers based on demographics, researchers find
New research from Virginia Commonwealth University confirms the economic value of completing an associate degree but also unmasks the disparate labor market outcomes for workers of diverse races/ethnicities, sexes and nationalities.
Economics & Business
Oct 10, 2024
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Rental crisis in regional cities prompts rethinking of moves
James Cook University researchers say Cairns is a prime example of a regional city where the rental housing crisis is making people who have moved to the city rethink their choice—and they say city planners must act if ...
Economics & Business
Oct 10, 2024
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Male CEOs viewed positively for assertive activism stances, study reveals
Investors view CEOs more favorably when they respond to shareholder activism in ways that conform to gender stereotypes, according to new Cornell research.
Economics & Business
Oct 10, 2024
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The unintended consequences of brick-and-mortar's decline
Lately, many big retail brands have been closing physical locations, in what has become known as the "retail apocalypse." Whether the stated reason is declining revenue, or concerns related to "shrinkage" and employee safety ...
Economics & Business
Oct 10, 2024
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Poverty-level wages pose urgent problem for US childcare, study finds
A new report from the Center for the Study of Child Care Employment (CSCCE) at UC Berkeley finds that child care workers in every state struggle with poverty-level wages, even as they nurture and educate our children in the ...
Economics & Business
Oct 10, 2024
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Non-Indigenous businesses struggling to boost Indigenous staff numbers
Indigenous-owned businesses in Australia employ Indigenous staff at a rate 12 times higher than non-Indigenous-owned businesses, a new study from The Australian National University (ANU) has found.
Social Sciences
Oct 10, 2024
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Researchers propose a new paradigm for economic performance and sustainability
Combating promotion and tenure bias against Black and Hispanic faculty
Study: Job embeddedness impacts voluntary turnover in the midst of job insecurity
Move over, heartfelt chats, it's the gift that counts
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Archaeologists discover Armenia's oldest church
