https://phys.org/science-news/economics-business en-us The latest news on economics research, business research, management sciences Women faculty are more likely to leave academia than men faculty throughout all career stages in U.S. universities, University of Colorado Boulder researchers revealed in the most comprehensive analysis of retention in academia to date. https://phys.org/news/2023-10-analysis-reveals-harsh-workplace-climate.html Economics & Business Education Fri, 20 Oct 2023 14:00:01 EDT news617010001 New research by Valentina Bosetti (Department of Economics) and Italo Colantone (Department of Social and Political Sciences) suggests that Western policymakers wanting to make progress on climate action should address the distributional consequences of international trade. https://phys.org/news/2023-10-green-vote-import-competition-people.html Economics & Business Political science Wed, 18 Oct 2023 10:16:04 EDT news616842961 The stats don't lie—the overwhelming majority of start-up companies fail. So, what makes the seemingly lucky few not only survive, but thrive? https://phys.org/news/2023-10-founder-personality-start-up-success.html Social Sciences Economics & Business Wed, 18 Oct 2023 08:28:05 EDT news616836482 Social media marketers sharing photos of people vacationing in exotic locales or attending events at exclusive venues may actually be driving new customers away, according to a recently published Tulane University study. https://phys.org/news/2023-10-social-media-photos-customers.html Social Sciences Economics & Business Tue, 17 Oct 2023 14:23:04 EDT news616771379 New research has found even modest interventions, such as encouraging consumers to reflect on their choices before they submit their order, could reduce the emissions associated with the production of their food by more than 50%. https://phys.org/news/2023-10-online-menus-prompt-people-healthier.html Social Sciences Economics & Business Mon, 16 Oct 2023 12:48:03 EDT news616679281 A pair of financial analysts, one with the Reserve Bank of New Zealand, the other from Victoria University of Wellington, also in New Zealand, has conducted a global analysis of financial losses due to climate change. In their study reported in the journal Nature Communications, Rebecca Newman and Ilan Noy calculated estimates of damage related to climate change by comparing damage wrought by extreme weather events against economic losses over the past 20 years. https://phys.org/news/2023-10-ongoing-financial-climate.html Economics & Business Tue, 10 Oct 2023 10:00:02 EDT news616149021 The Nobel prize in economics was on Monday awarded to American economist Claudia Goldin for research that has helped bring understanding to the role of women in the labor market. https://phys.org/news/2023-10-claudia-goldin-nobel-women-labor.html Other Economics & Business Mon, 09 Oct 2023 07:48:25 EDT news616056496 Researchers show in a new study that a short reflection exercise to boost self confidence increases job search success. This holds true even for the long-term unemployed and people over 50. https://phys.org/news/2023-10-values-success-job.html Social Sciences Economics & Business Tue, 03 Oct 2023 10:08:03 EDT news615546477 It's been almost exactly 15 years since Lehmann Brothers declared bankruptcy, marking the height of the financial crisis. Since then, we've entered the era of the "polycrisis"—where several catastrophic events are happening at once. We're dealing with the aftermath of a pandemic, a war in Ukraine, extreme weather events, rising inflation and a food and energy crisis. https://phys.org/news/2023-09-stereotyping-economic-crises.html Social Sciences Economics & Business Wed, 27 Sep 2023 12:32:47 EDT news615036764 A new study from Western researchers examining the impacts of the school closures and remote learning on elementary students during the COVID-19 pandemic has tapped the perspective of a critical group: teachers. https://phys.org/news/2023-09-students-low-income-households-experienced-losses.html Economics & Business Education Wed, 27 Sep 2023 09:44:03 EDT news615026641 A study titled "Factors Assessing Science's Self-Presentation model and their effect on conservatives' and liberals' support for funding science" published in the Proceedings of the National Academy of Sciences (PNAS) identifies five factors that Annenberg Public Policy Center (APPC) researchers say reflect public assessments of science and are associated with public support for increasing funding of science and support for federal funding of basic research. These factors are whether science and scientists are perceived to be credible and prudent, and whether their work is perceived to be untainted by bias, self-correcting, and beneficial. https://phys.org/news/2023-09-factors-well-being-science-funding.html Economics & Business Political science Mon, 25 Sep 2023 10:43:46 EDT news614857422 Imprisonment for unpaid debts might seem Dickensian, a relic of harsher times. But thousands of people serve jail time each year in the U.S. for failure to pay fines, fees, and other court costs, often resulting from lower-level violations such as traffic tickets. https://phys.org/news/2023-09-common-debt-imprisonment-today.html Social Sciences Economics & Business Wed, 20 Sep 2023 11:09:13 EDT news614426950 Researchers from The University of Queensland have found people who believe in manifesting financial success are more likely to make risky investments and end up bankrupt. https://phys.org/news/2023-09-belief-manifesting-financial-success-risky.html Social Sciences Economics & Business Tue, 19 Sep 2023 14:51:34 EDT news614353892 Consumers are not always predictable when it comes to choosing products online—a concept that lies at the core of Cornell's latest research in consumer psychology. https://phys.org/news/2023-09-consumers-online-choices-mouse.html Social Sciences Economics & Business Fri, 15 Sep 2023 14:29:11 EDT news614006947 When people feel that their resources are scarce—that they don't have enough money or time to meet their needs—they often make decisions that favor short-term gains over long-term benefits. Because of that, researchers have argued that scarcity pushes people to make myopic, impulsive decisions. https://phys.org/news/2023-09-money-financial-scarcity-doesnt-poor.html Social Sciences Economics & Business Thu, 14 Sep 2023 09:00:01 EDT news613840995 While public discussions often focus on climate change driving people to emigrate, new research published in Nature Human Behaviour shows that net-migration patterns around the world are actually more strongly linked with socio-economic factors. The study also provides a new, high-resolution dataset of net-migration over the past two decades to inform policy-making and fuel further research. https://phys.org/news/2023-09-finer-picture-global-migration-reveals.html Social Sciences Economics & Business Thu, 07 Sep 2023 11:00:01 EDT news613295928 The public has the wrong idea about what homeless people would do after coming into a large amount of money. A University of B.C. study published in the Proceedings of the National Academy of Sciences unveils this stark contrast between public perception and reality when it comes to how homeless people manage their finances. https://phys.org/news/2023-09-debunks-stereotypes-homeless-peoples-habits.html Social Sciences Economics & Business Thu, 07 Sep 2023 06:53:03 EDT news613288376 In a new collaborative study, PIK Professor Michael Platt models how the decision-making process unfolds in the brains of buyers and sellers considering a deal. These decisions were observable in eye movements and pupil dilation. https://phys.org/news/2023-09-decisions-eye-movements-buyers-sellers.html Economics & Business Mon, 04 Sep 2023 09:58:17 EDT news613040292 The Qing Dynasty in China, after over 250 years, crumbled in 1912. Led by the Complexity Science Hub (CSH), an international research team has pinpointed key reasons behind the collapse, revealing parallels to modern instability and offering vital lessons for the future. https://phys.org/news/2023-09-uncovers-qing-dynasty-collapse.html Social Sciences Economics & Business Mon, 04 Sep 2023 09:31:04 EDT news613038661 Before heading to work each day, most people have spent the night dreaming. Studies show that on any given morning, about 40% of the working population recalls their dreams. https://phys.org/news/2023-08-sandman-workplace-channeled-productivity.html Economics & Business Mon, 28 Aug 2023 17:36:03 EDT news612462961 The world's corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies. https://phys.org/news/2023-08-reveals-carbon-corporations-paid-emissions.html Environment Economics & Business Thu, 24 Aug 2023 15:38:07 EDT news612110278 The mass slaughter of North American bison by settlers of European descent is a well-known ecological disaster. An estimated eight million bison roamed the United States in 1870, but just 20 years later fewer than 500 of the iconic animals remained. https://phys.org/news/2023-08-buffalo-slaughter-left-impact-indigenous.html Social Sciences Economics & Business Wed, 23 Aug 2023 14:00:34 EDT news612018026 People trust humans more than artificial intelligence, but when they think about God they are more likely to embrace AI recommendations over those from their peers. That's according to new research from Keisha Cutright, a marketing professor at Duke University's Fuqua School of Business, published in the Proceedings of the National Academy of Sciences (PNAS) journal. https://phys.org/news/2023-08-god-people-ai.html Social Sciences Economics & Business Tue, 22 Aug 2023 11:51:21 EDT news611923872 A new Stanford study reveals how meat and dairy industry lobbying has influenced government regulations and funding to stifle competition from alternative meat products with smaller climate and environmental impacts. The analysis, published Aug. 18 in One Earth, compares innovations and policies related to plant-based meat alternatives and lab-grown meat in the U.S. and European Union. https://phys.org/news/2023-08-meat-dairy-sector-resists-competition.html Economics & Business Political science Fri, 18 Aug 2023 11:00:02 EDT news611567545 Researchers have developed a novel strategy for using Google Trends—a website that evaluates the popularity of Google searches—to assess soccer players' popularity, and demonstrated that this method improves predictions of players' market value. https://phys.org/news/2023-08-google-trends-soccer-players.html Economics & Business Wed, 16 Aug 2023 14:00:01 EDT news611396842 New research based on thousands of reviews posted on Amazon shows that when people received free products in exchange for reviews, their ratings were significantly inflated—and product sales were stronger—even though reviewers disclosed that they received the product for free. https://phys.org/news/2023-08-paid-online-consumers.html Social Sciences Economics & Business Wed, 09 Aug 2023 11:40:58 EDT news610800054 When beginning a negotiation, buyers often struggle to find a first offer that lowers the final sale price but also avoids the risk of non-agreement. Based on the analysis of 26 million real eBay negotiations, new research from ESMT Berlin shows how an ideal first bid should look. https://phys.org/news/2023-08-reveals-ideal.html Social Sciences Economics & Business Mon, 07 Aug 2023 08:27:35 EDT news610615650 Heads of organizations trying to get remote employees to return to the office may have a special challenge when it comes to their high-paid managers, according to new research by a Northeastern network science professor. https://phys.org/news/2023-08-covid-lockdown-high-income-earners-resistant.html Social Sciences Economics & Business Fri, 04 Aug 2023 06:26:39 EDT news610349193 If there's one thing most office workers can agree on, it's that they tend to feel less productive toward the end of the day and the end of each work week. Now, a team of researchers at Texas A&M University has found objective evidence of this phenomenon in action. https://phys.org/news/2023-08-workers-productive-typos-afternoonespecially-fridays.html Social Sciences Economics & Business Thu, 03 Aug 2023 03:56:43 EDT news610253796 In an analysis of more than 5,000 people, frequently working in teams was associated with a greater tendency for women and white men to put in extra effort at work, while other links between job conditions and effort varied between genders and ethnoracial groups. Wei-hsin Yu of the University of California, Los Angeles, U.S, and Janet Chen-Lan Kuo of National Taiwan University, Taiwan, present these findings in the open-access journal PLOS ONE on August 2, 2023. https://phys.org/news/2023-08-teamwork-environments-linked-white-employees.html Social Sciences Economics & Business Wed, 02 Aug 2023 14:00:01 EDT news610189589