(Phys.org)—A new study done by a team of researchers with business, psychology and economics backgrounds suggests that people who live in poverty tend to make poor long term financial decisions because their economic situation ...
The increasing inequality in income and wealth in recent years, together with excessive pay packages of CEOs in the U.S. and abroad, is of growing concern, especially to policy makers. Income inequality was identified as ...
General Physics
May 27, 2015
122
2164
The economic impact of the Olympics has not been the same for all host countries. According to the Olympic Studies Centre at the Autonomous University of Barcelona, the games held in the Catalonian capital 20 years ago were ...
Economics & Business
Jul 26, 2012
2
0
The rise of populist movements is changing political systems around the world. As support for these "anti-elite" movements intensifies, many are scrambling to understand whether economic decline and intensifying inter-group ...
Economics & Business
Dec 11, 2020
22
770
Virtual worlds may reflect social and economic behavior in the real world, according to a study published October 21, 2020 in the open-access journal PLOS ONE by Andres M. Belaza and colleagues from Ghent University, Belgium.
Social Sciences
Oct 21, 2020
0
317
When it comes to economics versus psychology, score one for psychology. Economists argue that markets usually reflect rational behavior—that is, the dominant players in a market, such as the hedge-fund managers who make ...
Economics & Business
Jul 1, 2013
17
0
Bitcoin recently turned 10 years old. In that time, it has proved revolutionary because it ignores the need for modern money's institutions to verify payments. Instead, Bitcoin relies on cryptographic techniques to prove ...
Internet
Nov 7, 2018
1
36
Researchers at the Yerkes National Primate Research Center, Emory University, are the first to show chimpanzees possess a sense of fairness that has previously been attributed as uniquely human. Working with colleagues from ...
Plants & Animals
Jan 14, 2013
12
0
The start-up MindMaze has opened up a new dimension in the world of video games: moving with thoughts through a virtual environment or even directly interacting through certain emotions. Introduced earlier this month at the ...
Hi Tech & Innovation
Mar 18, 2015
0
73
Economic 'games' routinely used in the lab to probe people's preferences and thoughts find that humans are uniquely altruistic, sacrificing money to benefit strangers. A new study published in the journal Proceedings of the ...
Social Sciences
Jan 16, 2015
5
30
