When employees leave their jobs, coworkers call it quits

People leave jobs all the time, whether they're laid off, fired, or just quit. But how do their departures affect coworkers left behind? According to a new study from the UBC Sauder School of Business, those exits can lead ...

Artificial intelligence, the future of work, and inequality

One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries ...

Ensuring cash supplies in crisis and emergency situations

The demand for cash increases in times of crisis since many people consider banknotes and coins to be a particularly safe way to keep money. Moreover, cash is the only instrument of payment that is largely independent of ...

Study shows money cues can trigger unethical behavior

The word "money" triggers a slew of negative connotations, often including corruption, greed, power, and, most dramatically, the "root of all evil." But while we often associate money and vice, can the mere allusion to it ...

Mathematician suggests new approach to cooperative game

A mathematician from RUDN University developed a matrix representation of set functions. This approach is vivid and easy to check, and it makes the calculations easier. Among other things, the new development can be applied ...

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