Could poor math skills raise your risk for foreclosure?
Borrowers who struggle with math are more likely to fall behind on their mortgage payments and face foreclosure than those who have stronger financial skills, new research suggests.
Borrowers who struggle with math are more likely to fall behind on their mortgage payments and face foreclosure than those who have stronger financial skills, new research suggests.
Economics & Business
Jun 24, 2013
8
0
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 ...
Daily box office earnings can accurately predict stock market returns, according to a new study.
Economics & Business
Oct 12, 2022
0
64
Hamilton's rule—the mathematical relation quantifying the idea that genetically related subjects are more likely to help each other, even at the expense of their own survival—has been observed in many animal species, ...
Economics & Business
Jul 11, 2022
0
535
Is it possible to predict which consumers are in the risk zone for being misled by individuals who promote "financial bullshit"? Yes, according to researchers at Linköping University (LiU). And the answer is: young men with ...
Social Sciences
May 2, 2022
1
585
You might think the way you approach money is based on financial advice or past experiences, but new research from the University of Georgia shows that your personality may have a big impact on financial decision making and ...
Social Sciences
Nov 30, 2021
0
77
A new paper in the Journal of the European Economic Association, published by Oxford University Press, indicates that we tend to listen to people who tell us things we'd like to believe and ignore people who tell us things ...
Social Sciences
Sep 14, 2021
2
1900
While it is well known that fighting over money can lead couples to divorce court, new research from the University of California San Diego's Rady School of Management finds that differences in risk preferences, especially ...
Social Sciences
Jul 28, 2021
0
121
When both partners are involved in financial decisions and processes, they're more empowered, and relationship quality and stability tend to be higher, according to a study from BYU researchers.
Social Sciences
Apr 17, 2019
0
30
Escaping cycles of poverty may depend on how much a person feels he or she can rely on their local communities, according to research led by Princeton University.
Social Sciences
Apr 13, 2017
0
40