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Economic games don't show altruism

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 ...

Longhorn beetle inspires ink to fight counterfeiting

From water marks to colored threads, governments are constantly adding new features to paper money to stay one step ahead of counterfeiters. Now a longhorn beetle has inspired yet another way to foil cash fraud, as well as ...

Frenchman Tirole wins Nobel economics prize

(AP)—French economist Jean Tirole won the Nobel prize for economics Monday for research on market regulation that has helped policymakers understand how to deal with industries dominated by a few companies.

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