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.....»»
This year"s Nobel prize in economics awarded to team that examined what makes some countries rich and others poor
The 2024 Nobel Prize in Economics has been awarded to three US-based economists who examined the advantages of democracy and the rule of law, and why they are strong in some countries and not others......»»
Trio wins economics Nobel for work on wealth inequality
The Nobel prize in economics was awarded on Monday to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations......»»
Role of government, poverty research tipped for economics Nobel
Closing the season, the Nobel economics prize is handed out on Monday with specialists on credit, the role of government, and wealth inequality seen as possible contenders......»»
Rental crisis in regional cities prompts rethinking of moves
James Cook University researchers say Cairns is a prime example of a regional city where the rental housing crisis is making people who have moved to the city rethink their choice—and they say city planners must act if regional areas want such peop.....»»
How hybrid workforces are reshaping authentication strategies
In this Help Net Security interview, Brian Pontarelli, CEO at FusionAuth, discusses the evolving authentication challenges posed by the rise of hybrid and remote workforces. He advocates for zero trust strategies, including MFA and behavioral biometr.....»»
A leap in behavioral modeling: Scientists replicate animal movements with unprecedented accuracy
Scientists have developed a new method to simulate the complex movements of animals with exceptional accuracy. The research team set out to solve a long-standing challenge in biology—how to accurately model the intricate and seemingly unpredictable.....»»
Overheard: Own your mistakes, then make it right
Service departments should go out of their way to do something different for a customer who didn't receive top-notch care, said Mindi Williams, service manager at CMA's Colonial Subaru in Chesterfield, Va., on "CMA's Moving Lives Forward Podcast.".....»»
For the first time since 1882, UK will have no coal-fired power plants
A combination of government policy and economics spells the end of UK's coal use. Enlarge / The Ratcliffe-on-Soar plant is set to shut down for good today. (credit: Ashley Cooper) On Monday, the UK will see the closure o.....»»
Wall lizards shed light on how animals prevent harm in territorial disputes
A study appearing in Behavioral Ecology shows that in male wall lizards, certain behaviors have a greater influence on the way they resolve territorial disputes than their size and coloration......»»
Rethinking privacy: A tech expert’s perspective
Data privacy has become one of the most pressing challenges of our time, but it didn’t happen overnight. The proliferation of data collection, coupled with the rise of advanced technologies like artificial intelligence and machine learning, has.....»»
Apple just proved it learned from the Touch Bar’s failure
Apple’s Touch Bar was a failure, but the iPhone 16’s new Camera Control shows that Apple has learned from its past mistakes in order to make something better......»»
Suppliers eye new contract terms, more collaboration to lessen EV risks
Executives at some of the world's biggest suppliers are rethinking how they manage risk as they deal with increased uncertainty on electrification......»»
NETSCOUT enhances Omnis Cyber Intelligence platform with MITRE ATT&CK behavioral analytics
NETSCOUT announced updates to its advanced, scalable deep packet inspection-based Omnis Cyber Intelligence Network Detection and Response (NDR) platform. New MITRE ATT&CK behavioral analytics enable earlier detection of advanced threats like ransomwa.....»»
Researcher looks at economic impact of reduced humanitarian assistance in East Africa
When humanitarian assistance is reduced, the impact can extend from the household level to the broader local economy, according to a study led by Anubhab Gupta, assistant professor in the Department of Agricultural and Applied Economics......»»
Making sense of the strikingly different ways consumers and economists view markets
When it comes to the very basics of economics—production, trade and labor—average consumers and economists are on vastly different pages......»»
AI ruling on jobless claims could make mistakes courts can’t undo, experts warn
Nevada’s plan to let AI rule on unemployment claims is risky, experts warn. Enlarge (credit: Westend61 | Westend61) Nevada will soon become the first state to use AI to help speed up the decision-making process when ru.....»»
Technology classes at school can also teach skills for business and life: South African teachers share ideas
Starting and running your own business takes hard work and a can-do attitude. Typically, entrepreneurs are the kinds of people who can identify and solve problems innovatively, are willing to take risks and learn from mistakes......»»
“Disappointing”: Sonos CEO says old, user-preferred app can’t be re-released
Patrick Spence admits Sonos has made "painful mistakes" recently. Enlarge / Sonos' updated app was reportedly rushed out before the release of Sonos' Ace headphones (pictured). (credit: Sonos) Sonos' new app was launch.....»»
Study finds 94% of business spreadsheets have critical errors
A recent study has found that 94% of spreadsheets used in business decision-making contain errors, posing serious risks for financial losses and operational mistakes. This finding highlights the need for better quality assurance practices......»»
Live talk 1 p.m. EDT Tuesday: The pros and cons of EV economics
Michael Dunne of Dunne Insights and Elizabeth Krear of J.D. Power will discuss EV affordability and profitability......»»