Mistakes and rethinking behavioral economics
Behavioral economics is a field that seeks to understand how people make decisions about things they want and need. The field relies on a collection of theories—models—that predict how people will make choices in a variety of situations. A well-k.....»»
Rewarding accuracy gets people to spot more misinformation
Even if you pay conservatives, they're not as good at IDing fake news as liberals. Enlarge (credit: Getty) Piecing together why so many people are willing to share misinformation online is a major focus among behavioral.....»»
If you think you understand how incentives work, think again
How can people be incentivized to drive more fuel-efficient cars, be more innovative at work, and get to the gym on a regular basis? Uri Gneezy, professor of economics and strategy at the Rady School of Management at UC San Diego, explains this in hi.....»»
DuckDuckGo’s new Wikipedia summary bot: “We fully expect it to make mistakes” [Updated]
DuckAssist provides an AI-powered Wikipedia summary, hoping to avoid hallucinations. Enlarge / An AI-generated image of a cyborg duck. (credit: Ars Technica) Not to be left out of the rush to integrate generative AI into.....»»
A structured approach for comparing monetary theories
A research paper in the International Journal of Pluralism and Economics Education has taken a structured approach to comparing monetary theories. In it the team proposes a taxonomy, a classification, for comparing monetary theories based on their pr.....»»
Nvidia’s biggest fails of all time
Nvidia might be a mighty titan in the graphics industry, but it's made some major mistakes over the years. Here are Nvidia's biggest ever fails......»»
Research finds Americans are more receptive to counter-partisan messages than previously thought
Party loyalty and partisan motivation may interfere less with Americans' thinking than previously believed, MIT behavioral researchers Ben M. Tappin, Adam J. Berinsky, and David G. Rand report in new research published in Nature Human Behaviour......»»
Study finds political campaigns may change the choices of voters—but not their policy views
A new paper in The Quarterly Journal of Economics, published by Oxford University Press, measures the overall impact of electoral campaigns and finds that televised debates have little effect on the formation of voter choice. Information received fro.....»»
Investigating factors that affect consumer attitudes about organic food
Researchers, publishing in the International Journal of Green Economics, have investigated the many factors that affect consumer attitudes and buying habits when it comes to organic food products. Mohd Farhan of the Mittal School of Business in Punja.....»»
Bringing verbs into the language of economics
In the last 50 years, economic theory has come to be based almost solely on mathematics. This brings logical precision, but according to a new paper by SFI economist Brian Arthur, it restricts what economics can easily talk about......»»
Financial strain and material deprivation linked to increased child behavioral difficulties
Exposure to financial strain and material deprivation rather than reduced household income are linked to the development of child behavioral difficulties, according to a new study conducted by researchers in the Department of Sociology, Trinity Colle.....»»
Investors also suffer in unregulated competition for freely available resources, study finds
Without regulations for their use, the condition of freely accessible resources such as fish stocks, water or air can deteriorate dramatically. In economics, this is referred to as the "Tragedy of the Commons." In 2009, Elinor Ostrom became the first.....»»
Zoom lays off 15% of its workforce, citing ‘mistakes’
Responding to the challenging economic conditions, Zoom has become the latest technology firm to announce staff reductions......»»
Deposit insurance and depositor behavior: Evidence from Colombia
One of the feats that earned Douglas Diamond and Philip Dybvig the 2022 Nobel Prize in Economics (joint with Ben Bernanke) is a model of bank runs and related financial crises. In an article published in 1983, they noted that, in 1930s America, peopl.....»»
Pegasus spyware defended by NSO’s CEO, as researcher compares it to a nuclear weapon
Pegasus spyware – a zero-click way of remotely hacking an iPhone, and gaining access to all the personal data stored on it – has been defended by the company’s CEO. NSO chief exec said that the company had made “mistakes” in selling it to.....»»
Fish-on-Chips: An optofluidic platform to investigate the neural and chemosensory axes of zebrafish
Neuroscientists study chemosensory processing by establishing chemical cues and the corresponding behavioral responses to record large-scale neuronal activity. In a new report now published in Nature Communications, Samuel Sy and a team of scientists.....»»
Prairie voles without oxytocin receptors can bond with mates and young
The vital role of oxytocin—the "love hormone"—for social attachments is being called into question. More than 40 years of pharmacological and behavioral research has pointed to oxytocin receptor signaling as an essential pathway for the developme.....»»
Study finds learning from errors leads to humility in leaders
While some leaders may believe they should appear flawless to their teams, a new study finds there are benefits for those who reflect on and learn from their mistakes......»»
Rethinking meat substitutes
Is excitement over meat alternatives overheated? Investors have poured billions of dollars into the sector to kickstart technologies that produce protein with ingredients such as peas, soybeans, mushrooms, and lab-grown animal cells, but they are unl.....»»
US wealth gap widening more quickly than Europe"s: Study
The wealth gap was partly due to significant rises in stock market prices, according to the new study from Imperial College Business School, published in the Journal of Monetary Economics......»»
How mechanical tearing cuts neural connections in the fruit fly
Scientists from the Institute of Neuro- and Behavioral Biology at Münster University have been studying the regulated removal of neural connections in the model system of the Drosophila fruit fly. They find that mechanical forces play an important r.....»»