Economics & Business Research News - Science News https://phys.org/science-news/economics-business en-us The latest news on economics research, business research, management sciences Researchers release first national study on partner-friendly support for dual-career academic jobseekers In the first national study analyzing the support of academic couples, researchers at the University of North Carolina at Chapel Hill have developed a full ranking of universities by their partner-friendly status and resources for dual-career academic jobseekers. https://phys.org/news/2024-06-national-partner-friendly-dual-career.html Economics & Business Education Fri, 21 Jun 2024 06:22:45 EDT news638169762 The joy of inflicting pain leads to increased prosocial behavior, study finds Oh, the joy of inflicting pain upon others. The Germans have a word for it: "schadenfreude," meaning "malicious pleasure." And tapping into its sentiment properly can, ironically, do a lot of good by raising money for charity. https://phys.org/news/2024-06-joy-inflicting-pain-prosocial-behavior.html Social Sciences Economics & Business Fri, 21 Jun 2024 05:49:13 EDT news638167749 How employers can help support refugees in the workplace New research focuses on the changes that employers can make help refugees and asylum seekers find work and be successful within the workplace. https://phys.org/news/2024-06-employers-refugees-workplace.html Economics & Business Thu, 20 Jun 2024 15:46:53 EDT news638117206 When divided loyalties make for better executives It's well-known that servants with two masters are often conflicted. But they can also be uniquely knowledgeable, especially when one master wants to know what the other is up to, or the interests of the two coincide. https://phys.org/news/2024-06-loyalties.html Economics & Business Thu, 20 Jun 2024 15:43:51 EDT news638117028 Economists reveal the costs of sanctions What effect do economic sanctions have on the countries affected, such as Russia or Iran? What impact do they have on the sanctioning states? And is there possibly an ideal coalition of sanction partners? Economists from Würzburg, Kiel, Berlin and Bielefeld have analyzed these questions. They have now published their findings in Economic Policy. https://phys.org/news/2024-06-economists-reveal-sanctions.html Economics & Business Political science Thu, 20 Jun 2024 14:19:04 EDT news638111942 Family conditions may have more of an impact on upward social mobility than gender inequality Family conditions—specifically, how similar one's social status and background is to one's parents' status—may play a bigger role in determining how easily an individual can shift into a wealthier socioeconomic class than gender inequality, according to a study of 153 countries published June 20, 2024 in the open-access journal PLOS ONE by Khanh Duong from Maynooth University, Ireland. https://phys.org/news/2024-06-family-conditions-impact-upward-social.html Social Sciences Economics & Business Thu, 20 Jun 2024 14:00:02 EDT news638093462 No-cause evictions have the potential to hurt renters—with little gain for good landlords Housing security for New Zealand's 1.7 million renters could be threatened if the Residential Tenancies Amendment Bill becomes law. https://phys.org/news/2024-06-evictions-potential-renters-gain-good.html Economics & Business Thu, 20 Jun 2024 12:50:01 EDT news638104780 Recovering lost wages is nearly impossible for Australia's underpaid migrant workers. Here's how to fix the problem The widespread underpayment of migrant workers in Australia is now well-documented. The vast majority never recover the wages they are owed. https://phys.org/news/2024-06-recovering-lost-wages-impossible-australia.html Economics & Business Thu, 20 Jun 2024 12:30:01 EDT news638104767 New research casts doubt over cryptocurrencies' 'safe haven' properties New research published in the International Review of Financial Analysis suggests that claims cryptocurrencies are immune to economic risks should be taken with caution. https://phys.org/news/2024-06-cryptocurrencies-safe-haven-properties.html Economics & Business Thu, 20 Jun 2024 12:23:02 EDT news638104981 Behavioral economics theory explains a popular banana-clicking video game In the ever-evolving online gaming landscape, one seemingly simple online game has captivated players. The free-to-play clicker Banana has amassed more than 850,000 concurrent players on the gaming platform Steam. https://phys.org/news/2024-06-behavioral-economics-theory-popular-banana.html Social Sciences Economics & Business Thu, 20 Jun 2024 11:57:04 EDT news638103421 Want to avoid Europe's tourist hordes? Try getting off the beaten track European tourism is getting a makeover to strengthen remote communities with the help of EU-funded researchers. https://phys.org/news/2024-06-europe-tourist-hordes-beaten-track.html Social Sciences Economics & Business Wed, 19 Jun 2024 13:32:54 EDT news638022770 Why advertisers pay more to reach viewers who watch less A new study finds that viewers' income and likelihood of buying a product are not the factors that determine how much it costs to reach them— it's how active they are on the platforms where the ads run. https://phys.org/news/2024-06-advertisers-pay-viewers.html Economics & Business Wed, 19 Jun 2024 12:39:29 EDT news638019564 Surfing injects almost $3 billion into the Australian economy each year, research shows It's no secret Aussies love to surf. It's one of our favorite pastimes, but it turns out riding the perfect wave offers more than just the ultimate thrill—it also provides a major boost to the economy, according to new research from The Australian National University (ANU). https://phys.org/news/2024-06-surfing-billion-australian-economy-year.html Economics & Business Wed, 19 Jun 2024 10:50:02 EDT news638012486 Study finds when companies announce earnings surprises, locals reach for their pocketbooks Corporate earnings announcements are more than just powerful signals to those in the know. After all, it might be expected that sophisticated investors and employees of public companies closely watch news that directly affects their personal wealth. But surprising news about corporate earnings also affects the communities that surround a company, three Stanford Graduate School of Business accounting professors find in a new paper. https://phys.org/news/2024-06-companies-locals-pocketbooks.html Economics & Business Wed, 19 Jun 2024 10:40:30 EDT news638012425 Study explores whether advertising contributes to or leads to declines in happiness Advertising has long been known to depict a virtual reality of life, leading some people to expect more out of life than is practical. This is driven by idyllic imagery and storytelling, among other techniques such as an emphasis on materialism. https://phys.org/news/2024-06-explores-advertising-contributes-declines-happiness.html Social Sciences Economics & Business Tue, 18 Jun 2024 16:32:03 EDT news637947121 Cyberbullying and sexual harassment rampant in esports, study finds It's one of the fastest growing industries globally, raking in millions for the best players and attracting a huge fanbase, but a new Australian study has revealed the dark side of professional video gaming: cyberbullying and sexual harassment. https://phys.org/news/2024-06-cyberbullying-sexual-rampant-esports.html Social Sciences Economics & Business Tue, 18 Jun 2024 16:00:03 EDT news637945201 Study explores how local firms should adopt market, nonmarket strategies in the face of foreign direct investment Studies have shown how inward foreign direct investment (FDI) increases the productivity or innovation of local firms in emerging markets, but little research has explored how local firms have to strategically cope with this competition. https://phys.org/news/2024-06-explores-local-firms-nonmarket-strategies.html Economics & Business Tue, 18 Jun 2024 15:56:03 EDT news637944961 Research offers advice to Etsy merchants: If you like what you do, charge more for it Researchers from Lehigh University, Tilburg University, and Northwestern University have identified a novel cue consumers interpret as a signal of quality in peer-to-peer marketplaces: "production enjoyment," or how much a seller enjoys making a product or providing a service. https://phys.org/news/2024-06-advice-etsy-merchants.html Economics & Business Tue, 18 Jun 2024 15:05:02 EDT news637941901 The cost of silence: Financial stress mutes couples' communication The more stressed out people are about finances, the less likely they are to talk about money with their romantic partners, according to new research. https://phys.org/news/2024-06-silence-financial-stress-mutes-couples.html Social Sciences Economics & Business Tue, 18 Jun 2024 15:04:03 EDT news637941841 Companies can capitalize on crises to thrive in their industry, study finds Professor Simone Ferriani, professor of entrepreneurship at Bayes Business School (formerly Cass), and academics from the University of Bologna examined airline industry networks, and found that disruptions could provide opportunities for companies on the periphery of networks to build connections much more successfully and gain influence within their industry. https://phys.org/news/2024-06-companies-capitalize-crises-industry.html Economics & Business Tue, 18 Jun 2024 14:10:09 EDT news637938602 Anti-Asian rhetoric during the pandemic negatively impacted employment and earnings, new research finds A first-of-its-kind study, led by a Northeastern University researcher, examined how racial bias and political rhetoric against Asians and other underrepresented groups in the United States impacted their employment status in the wake of the COVID-19 pandemic. https://phys.org/news/2024-06-anti-asian-rhetoric-pandemic-negatively.html Economics & Business Political science Tue, 18 Jun 2024 12:50:47 EDT news637933844 Novice consumers more likely to purchase wine with sweetness scales on labels, finds study Rather than a text description, using a visual sweetness scale with an arrow pointing to a specific sweetness level on wine labels may increase purchase intent among novice wine consumers, according to a new study from researchers in the Penn State School of Hospitality Management. https://phys.org/news/2024-06-novice-consumers-wine-sweetness-scales.html Economics & Business Tue, 18 Jun 2024 12:47:05 EDT news637933621 Humor can make you a better workplace leader, if you use it properly; here's how When asked to describe an ideal organizational leader, many people might be inclined to use quite serious adjectives such as solemn, determined or results-oriented. https://phys.org/news/2024-06-humor-workplace-leader-properly.html Social Sciences Economics & Business Tue, 18 Jun 2024 12:20:02 EDT news637931257 Errors detected in several historical consumer price indices Research from Lund University found several inaccuracies in historical CPIs in popular online databases. The findings, appearing in Cliometrica, can have major consequences for future research. Faults in the data might already have influenced decisions made by politicians regarding economic policy, according to Jonas Ljungberg, Professor emeritus of Economic History. https://phys.org/news/2024-06-errors-historical-consumer-price-indices.html Economics & Business Tue, 18 Jun 2024 11:42:04 EDT news637929721 Study suggests at-camera gaze can increase scores in simulated interviews Eye-contact has a significant impact on interpersonal evaluation, and online job interviews are no exception. In addition to the quality of a resume, the direction of the interviewee's gaze might help (or hinder) their chances of securing the job. https://phys.org/news/2024-06-camera-scores-simulated.html Social Sciences Economics & Business Tue, 18 Jun 2024 09:21:04 EDT news637921262 Teachers report worse pay and well-being compared to similar working population With more working hours and lower average base pay, the well-being of U.S. teachers continues to be worse than that of similar working adults—a consistent pattern since 2021, according to a new RAND survey. https://phys.org/news/2024-06-teachers-worse-pay-similar-population.html Economics & Business Education Tue, 18 Jun 2024 00:10:01 EDT news637854721 Masterstrokes and markets: A bibliometric journey through art's value The art market, blending culture and commerce, has long intrigued economists and enthusiasts. A new article offers a comprehensive bibliometric analysis over five decades, examining pricing mechanisms and efficiency metrics. https://phys.org/news/2024-06-masterstrokes-bibliometric-journey-art.html Economics & Business Mon, 17 Jun 2024 16:48:03 EDT news637861681 Q&A: Wall Street meets Reddit—what are the upsides and risks of social investing? A decent quarterly report may not nudge a company's stock price far, but a meme posted to Reddit's WallStreetBets subreddit may. The online community known for its seriously unserious banter, memes and not-so-family-friendly jokes shot to fame in early 2021 for having contributed to the skyrocketing rise of videogame retailer GameStop's stock price. https://phys.org/news/2024-06-qa-wall-street-reddit-upsides.html Social Sciences Economics & Business Mon, 17 Jun 2024 16:19:04 EDT news637859941 Study finds US does not have housing shortage, but shortage of affordable housing The United States is experiencing a housing shortage. At least, that is the case according to common belief—and is even the basis for national policy, as the Biden administration has stated plans to address the housing supply shortfall. https://phys.org/news/2024-06-housing-shortage.html Economics & Business Mon, 17 Jun 2024 14:25:54 EDT news637853149 Puerto Rico's anti-corruption laws promoted fraud by outsourcing government services, study suggests The anticorruption laws enacted in Puerto Rico in the wake of Hurricane Maria created a new economic sector—a lucrative anti-corruption market based on outsourcing public procurement to private sector corporations. https://phys.org/news/2024-06-puerto-rico-anti-corruption-laws.html Economics & Business Political science Mon, 17 Jun 2024 14:01:12 EDT news637851668