https://phys.org/science-news/economics-business en-us The latest news on economics research, business research, management sciences Seemingly overnight, a yoga studio replaces a barbershop, a coffee café takes over a small grocery, and a multi-story apartment building looms where older single-family homes once stood. https://phys.org/news/2024-03-ai-images-visual-indicators-gentrification.html Social Sciences Economics & Business Tue, 05 Mar 2024 10:37:39 EST news628857453 Three years ago, the stock price of the company GameStop soared over 1,625% in just a week. While it's been speculated the primary cause was unprecedented, organized action among Reddit users using a trading strategy known as a "short squeeze," researchers have now definitively shown a causal relationship between activity on Reddit and the wild market phenomenon. They have published their findings on the pre-print server arXiv. https://phys.org/news/2024-02-reddit-users-famous-gamestop-short.html Economics & Business Tue, 27 Feb 2024 10:00:01 EST news628247506 Inequality among people has become an increasingly salient issue globally, with data indicating a rise in inequality levels across many countries in recent years. This, in turn, has generated concerns both from the perspective of the sustainability of economic growth, as well as from the perspective of social cohesion and well-being. https://phys.org/news/2024-02-economic-metrics-gini-index-big.html Social Sciences Economics & Business Mon, 26 Feb 2024 14:03:57 EST news628178628 Research conducted by scientists from IIASA and Princeton University suggests that a combination of insurance subsidies and policies that promote "prosocial preferences"―decision-making preferences that account for community well-being―can help facilitate optimal climate risk management and reduce economic losses. https://phys.org/news/2024-02-prosocial-smallholder-farming-communities-climate.html Social Sciences Economics & Business Mon, 26 Feb 2024 13:02:03 EST news628174921 A new study has revealed that employees who are more mindful in the digital workplace are better protected against stress, anxiety and overload. https://phys.org/news/2024-02-mindfulness-stress-burnout.html Social Sciences Economics & Business Fri, 23 Feb 2024 14:00:01 EST news627905009 After a long, steady decline in national suicide rates, those numbers began steadily ticking up in the late 1990s and have generally risen ever since, with nearly 50,000 people in the U.S. taking their own lives in 2022, up 3% from the previous year. https://phys.org/news/2024-02-suicide.html Social Sciences Economics & Business Thu, 15 Feb 2024 13:01:38 EST news627224490 Methods commonly used to measure poverty can lead to vastly different conclusions about who actually lives in poverty, according to a new Stanford University-led study. Based on household surveys in sub-Saharan Africa, the first-of-its-kind analysis, published in Proceedings of the National Academy of Sciences, underscores the importance of accurately defining and measuring poverty. https://phys.org/news/2024-02-reveals-significant-discrepancies-common-poverty.html Economics & Business Political science Mon, 05 Feb 2024 15:00:01 EST news626344880 The transition away from fossil fuels requires a significant and global shift towards sustainable investment, and institutional investors are key. https://phys.org/news/2024-02-optimism-key-greening-global-financial.html Social Sciences Economics & Business Mon, 05 Feb 2024 10:57:08 EST news626353025 Back in the 1980s, researchers tested a job-training program called JOBSTART in 13 U.S. cities. In 12 locations, the program had a minimal benefit. But in San Jose, California, results were good: After a few years, workers earned about $6,500 more annually than peers not participating in it. https://phys.org/news/2024-02-winner-curse-social.html Social Sciences Economics & Business Mon, 05 Feb 2024 10:41:04 EST news626352061 Organizational leaders may benefit from operating more like a jazz ensemble during crises in order to utilize their resources in unconventional ways, according to new research from Rice University. https://phys.org/news/2024-01-crises-benefit-jazz-ensemble.html Social Sciences Economics & Business Mon, 22 Jan 2024 14:08:03 EST news625154881 Damage caused by sea level rises could cost the EU and UK economies up to 872 billion euros in total by the end of the century, according to a modeling study published in Scientific Reports. https://phys.org/news/2024-01-sea-eu-uk-economies-billion.html Economics & Business Thu, 18 Jan 2024 11:00:01 EST news624788915 In an effort to reduce greenhouse gas emissions and curb global warming, the U.S. has enacted several ambitious federal laws, such as the Inflation Reduction Act (IRA) passed in 2022 and the Infrastructure Investment and Jobs Act (IIJA) of 2021. https://phys.org/news/2024-01-climate-policies-effectively.html Economics & Business Political science Wed, 17 Jan 2024 12:13:38 EST news624716015 Innovation may be what drives progress in the arts, business, sciences and technology, but the novel ideas that drive innovation often face headwinds that hinder or even prevent their adoption. https://phys.org/news/2024-01-fate-ideas-scholar-factors-thwart.html Social Sciences Economics & Business Sat, 13 Jan 2024 11:10:18 EST news624366610 Polluting companies could be liable for trillions in damages from climate lawsuits. But few investors and regulators are taking these risks into account when evaluating companies' climate-related financial risks, according to new Oxford Sustainable Law program research published Jan. 11 in Science. The research calls for an overhaul in how climate litigation risks are assessed and provides a new framework for doing so. https://phys.org/news/2024-01-investors-flying-climate-lawsuits.html Economics & Business Political science Fri, 12 Jan 2024 11:19:42 EST news624280780 Financial rewards may be more motivating for people living in Western, educated, industrialized, rich, and democratic (WEIRD) countries, than for people from non-WEIRD countries, reports a study published in Nature Human Behaviour. https://phys.org/news/2024-01-money-people-weird-countries.html Social Sciences Economics & Business Tue, 09 Jan 2024 11:09:02 EST news624020941 Well-managed migration can enable migrants to boost sustainable development, research shows. Sustainable development means enhancing well-being in ways that equitably meet needs of present and future generations. https://phys.org/news/2024-01-migrants-sustainable.html Economics & Business Political science Mon, 08 Jan 2024 15:00:01 EST news623926720 Social media platforms Facebook, Instagram, Snapchat, TikTok, X (formerly Twitter), and YouTube collectively derived nearly $11 billion in advertising revenue from U.S.-based users younger than 18 in 2022, according to a new study led by Harvard T.H. Chan School of Public Health. The study is the first to offer estimates of the number of youth users on these platforms and how much annual ad revenue is attributable to them. https://phys.org/news/2023-12-social-media-platforms-generate-billions.html Social Sciences Economics & Business Wed, 27 Dec 2023 14:00:01 EST news622882426 Ph.D. candidate Ludovico Napoli and Associate Professor Márton Karsai from the Department of Network and Data Science at Central European University (CEU) recently published a paper titled "Socioeconomic reorganization of communication and mobility networks in response to external shocks" in the Proceedings of the National Academy of Sciences (PNAS). This collaborative effort with UNICEF and the IT University of Copenhagen sheds light on the profound changes in network segregation patterns during the initial wave of COVID-19 in Sierra Leone. https://phys.org/news/2023-12-links-lockdowns-decreasing-social-network.html Social Sciences Economics & Business Fri, 22 Dec 2023 09:45:05 EST news622460698 Barbie should consider expanding her medical and scientific careers into areas where women and other under-represented groups remain a minority, suggests a study published in the Christmas issue of The BMJ. https://phys.org/news/2023-12-barbie-range-medical-scientific.html Social Sciences Economics & Business Mon, 18 Dec 2023 18:30:01 EST news622112849 Hurricanes and other extreme weather events often affect disadvantaged communities more severely, and extended power outages are some of the most harmful effects. Concerns over the intensification of hurricanes has led to new environmental justice policies that aim to mitigate the unequal impacts of major storms. Now, policy experts and engineers are directing their attention toward illuminating the causes. https://phys.org/news/2023-12-disadvantaged-people-significantly-longer-power.html Social Sciences Economics & Business Thu, 14 Dec 2023 16:21:23 EST news621793279 The United Nations reports that more than 700 million people are in extreme poverty, earning less than two dollars a day. However, an accurate assessment of poverty remains a global challenge. For example, 53 countries have not conducted agricultural surveys in the past 15 years, and 17 countries have not published a population census. To fill this data gap, new technologies are being explored to estimate poverty using alternative sources such as street views, aerial photos, and satellite images. https://phys.org/news/2023-12-ai-powered-satellite-analysis-reveals-unseen.html Economics & Business Thu, 07 Dec 2023 10:41:23 EST news621168073 The emissions pathways of most companies in high-emitting sectors are not aligned with the climate targets of the Paris Agreement. To better contribute to national and global sustainability efforts, corporate behavior must change. This is the main message of a new study by Imperial College Business School published in Nature Communications. https://phys.org/news/2023-12-companies-climate-goals-misaligned-behavior.html Economics & Business Wed, 06 Dec 2023 10:55:53 EST news621082547 Economics and physics are distinct fields of study, yet some researchers have been bridging the two together to tackle complex economics problems in innovative ways. This resulted in the establishment of an interdisciplinary research field, known as econophysics, which specializes in solving problems rooted in economics using physics theories and experimental methods. https://phys.org/news/2023-11-validation-lillo-mike-farmer-large.html Mathematics Economics & Business Thu, 30 Nov 2023 09:56:53 EST news620560608 We tend to think of large cities as melting pots—places where people from all sorts of backgrounds can mingle and interact. But according to new research, people in big cities tend to primarily interact with other individuals in the same socioeconomic bracket, whereas people in small cities and rural areas are much more likely to have diverse interactions. https://phys.org/news/2023-11-big-cities-foster-socioeconomic-segregation.html Social Sciences Economics & Business Wed, 29 Nov 2023 15:10:09 EST news620493001 Despite a similar statutory tax rate for multinational corporations (MNCs) across many countries, the effective tax rate that MNCs actually pay differs greatly—as low as 1% of gross income in Luxembourg and as high as 67% in Norway. That's one conclusion of a study published in the open-access journal PLOS ONE by Javier Garcia-Bernardo of Utrecht University, the Netherlands, Petr Janský of Charles University, Czechia, and Thomas Tørsløv of Danmarks Nationalbank, Denmark. https://phys.org/news/2023-11-reveals-real-tax-paid-multinational.html Economics & Business Political science Wed, 29 Nov 2023 14:00:01 EST news620476111 Remote teams are less likely to make breakthrough discoveries compared to those who work onsite, according to research led by the universities of Oxford and Pittsburgh into the rise of remote collaborations among scientists and inventors across the world. https://phys.org/news/2023-11-remote-collaborations-scientific-breakthroughs-co-led.html Economics & Business Education Wed, 29 Nov 2023 11:00:01 EST news620476408 New research from the Johns Hopkins Disability Health Research Center suggests that Ph.D. graduates in science, technology, engineering and medicine (STEM) in the U.S. who became disabled before age 25 earn $14,360 less per year in academia than those without disabilities. They are also underrepresented at higher faculty levels (such as deans and presidents) and in tenured positions. https://phys.org/news/2023-11-phd-disabilities-underpaid-underrepresented-academia.html Economics & Business Education Mon, 27 Nov 2023 16:07:03 EST news620323621 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 and Social Psychology Bulletin, Chris Dawson surveyed thousands of people in the U.K. about their economic outlook and compared their responses with their true financial outlook. https://phys.org/news/2023-11-higher-financial-optimism-cognitive-ability.html Social Sciences Economics & Business Thu, 23 Nov 2023 10:00:01 EST news619782783 A pair of sociologists, one with the University of Oslo, the other with the Polish Academy of Sciences has found that men benefit more in the workplace from being attractive than women do. In their study, reported in the journal Social Science Quarterly, Alexi Gugushvili and Grzegorz Bulczak describe analyzed data from the National Longitudinal Study of Adolescent Health (NLSAH). https://phys.org/news/2023-11-men-benefit-workplace-women.html Social Sciences Economics & Business Wed, 22 Nov 2023 10:10:05 EST news619869742 Around the world, research agencies are struggling to achieve gender parity. A paper published in Nature Astronomy reports how a national Australian astronomy center achieved equal numbers of women and men using science. https://phys.org/news/2023-11-australian-astronomy-center-gender-parity.html Social Sciences Economics & Business Thu, 16 Nov 2023 11:00:01 EST news619347409