Why do some young men turn to crime, while others don't? An international study shows that preferences such as risk tolerance, impatience and altruism as well as self-control can predict who will commit crime. Risk-tolerant, ...
Social Sciences
Jan 31, 2022
1
93
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
A new global study offers a powerful confirmation of one of the most influential frameworks in all of the behavioral sciences and behavioral economics: prospect theory, which when introduced in 1979, led to a sea change in ...
Economics & Business
May 18, 2020
0
48
The tenets of Social Darwinism may have lost favor long ago, but the rise of political populism in the 21st Century continues to support the maxim that "the strong survive", and are most adept at leading during challenging ...
Social Sciences
Jun 13, 2017
1
43
A century of economic theory assumed that, given their available options, humans would always make rational decisions. Economists even had a name for this construct: homo economicus, the economic man.
Computer Sciences
Jul 17, 2015
16
4327
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
(Phys.org) —By using methods developed to study the interactions of particles and applying them to economics, researchers at the University of Sydney have shown that small changes can create a tipping point and lead to ...
Economics & Business
Jul 8, 2013
5
0
A new study shows how specific parameters can help us steer clear of tipping points in dynamic systems, such as entire economies.
Economics & Business
Jun 25, 2013
23
0
(PhysOrg.com) -- Searching the internet might seem simple, but applying a little bit of economic theory to information retrieval can shed some light on the best search strategies to adopt, according to researchers.
Computer Sciences
Aug 11, 2011
0
0
We've all heard the predictions: e-commerce is going to be the death of traditional commerce; online shopping spells the end of the neighborhood brick-and-mortar store.
Economics & Business
Sep 8, 2010
5
0
