What are the motives behind cronyism?

A study in Economic Inquiry uses a novel experimental design to deconstruct the motives behind engaging in cronyism, for example, when a manager hires a friend without proper regard to their qualifications. The research indicates ...

Smart transfer rules can strengthen EU climate policy

"Fit for 55": under this heading, the EU Commission will specify the implementation of the European Green Deal on 14 July. This refers to the more ambitious climate policy announced, with 55 instead of 40 percent emission ...

Research uses simulation game to alter beliefs about poverty

In advancing research to tackle the problem of burgeoning global economic inequality, researchers at Simon Fraser University used a poverty simulation game called SPENT to foster greater understanding of what causes poverty ...

Sticking with the wrong choice

The behavior of people who remain committed to a choice, even when it is clear that an alternate choice would be a better option, has been a perplexing phenomenon to psychologists and economists. For example, people will ...

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