Whether we decide to take out that insurance policy, buy Bitcoin, or switch jobs, many economic decisions boil down to a fundamental gamble about how to maximize our wealth over time. How we understand these decisions is ...
General Physics
Dec 2, 2019
11
860
People with higher measures of cognitive ability are more likely to make good choices in several different types of economic decisions, according to a new study with researchers from the University of Minnesota's Twin Cities ...
Social Sciences
Apr 27, 2009
12
0
Inequality among people has become an increasingly salient issue globally, with data indicating a rise in inequality levels across many countries in recent years. This, in turn, has generated concerns both from the perspective ...
Social Sciences
Feb 26, 2024
0
29
Marine aquaculture has expanded dramatically over the last two decades to meet growing demand for aquatic foods, but this growth can sometimes come at a cost. New Stanford-led research published in npj Ocean Sustainability ...
Agriculture
Jan 22, 2024
0
1
A behavioral economist at the University of Bath in the U.K. has found evidence linking higher levels of unwarranted financial optimism with lower levels of cognitive ability. In his study, published in the journal Personality ...
Using an extensive computer simulation of the climate, the global economy and the global energy system, researchers at Paul Scherrer Institute (PSI) have been analyzing different ways of mitigating climate change, together ...
Environment
Jun 30, 2023
5
81
A global study led by a researcher at Columbia University Mailman School of Public Health and published in the journal Scientific Reports finds that economic inequality on a social level cannot be explained by bad choices ...
Social Sciences
Jun 29, 2023
0
1259
How do humans make decisions when the outcomes are uncertain? One possible way would be to calculate the expected value of each option by multiplying each possible outcome amount by its probability and then choosing the option ...
Social Sciences
May 26, 2023
0
50
A computational tool developed by researchers at the MIT Joint Program on the Science and Policy of Global Change pinpoints specific counties within the United States that are particularly vulnerable to economic distress ...
Environment
May 15, 2023
0
185
People might be more positive to the removal of fuel subsidies if told where the money would be spent instead. This has been shown in a study from the University of Gothenburg, which investigated attitudes towards removing ...
Economics & Business
Mar 21, 2023
0
3
