Famous economics experiment reproduced thousands of times

In an open marketplace, such as a farmers' market where produce and other goods like candles and flowers are exchanged for money, the ideal prices for both consumers and sellers will quickly emerge. For example, if a seller ...

Does more money correlate with greater happiness?

Are people who earn more money happier in daily life? Though it seems like a straightforward question, research had previously returned contradictory findings, leaving uncertainty about its answer.

Unhappy at work? The boss or the company may be to blame

If you are unhappy at work, it could be partly due to your boss' management style, according to a new study by Dr. Nicolas Gillet, from the Université François Rabelais in Tours in France, and his team. Both over-controlling ...

ChatGPT is still no match for humans when it comes to accounting

Last month, OpenAI launched its newest AI chatbot product, GPT-4. According to the folks at OpenAI, the bot, which uses machine learning to generate natural language text, passed the bar exam with a score in the 90th percentile, ...

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