Economics
A significant factor in constructing a state budget hinges on the precision of its fiscal predictions: estimating tax revenues intended to finance services for the…
An innovative approach to applying prospect theory utility in stock market investment decisions
Prospect theory, introduced by Kahneman and Tversky in 1979, is a pivotal framework for understanding decision-making when investors exhibit cognitive biases under uncertainty. This theory…
Has Telecommuting Altered Travel Patterns in the U.S.?
The prevalence of remote work since the COVID-19 pandemic began has fundamentally transformed urban transportation dynamics in the U.S., according to a comprehensive study led…
Governed by Machines: Study Shows Preference for AI in Decision-Making
A recent study has highlighted a significant shift in public opinion, revealing that people increasingly prefer Artificial Intelligence (AI) over human judgment for making redistributive…
In China, Property Rights Head in the Wrong Direction
China’s economic landscape, once a powerhouse driving global growth, appears to be faltering. In the second quarter of 2024, the nation’s GDP increased at an…
Universal Basic Income Could Double Global GDP and Reduce Carbon Emissions
A new study published on June 7 in the journal Cell Reports Sustainability presents a compelling case for a global basic income scheme, arguing that…
Financial Benefits of Climate Change Mitigation for Companies
The escalating frequency of extreme weather events in recent years serves as a stark reminder of the pressing need for immediate action on climate change.…
Strategic Approaches for Local Firms: Balancing Market and Nonmarket Strategies Amid Foreign Direct Investment
Recent research investigates the strategic responses of local firms to inward foreign direct investment (FDI) in emerging markets. While prior studies highlight FDI’s potential to…
Ensuring Worker Involvement for Public-Interest Industrial Policies
A recent study underscores the critical role of involving workers and broader societal stakeholders in shaping Brazilian industrial policies to meet national development goals and…
Hybrid work: Maximising Benefits for Companies and Workers
The debate surrounding remote work has reached a fever pitch in today’s workplace: Is enabling employees to work from home a few days a week…
New Study Urges Anti-Trust Regulators to Carefully Evaluate Start-Up Acquisitions
Regulators have long focused on preventing “killer acquisitions,” where large corporations absorb small startups to eliminate potential competition and consolidate market power. This approach aims…
Artistic Value and Market Trends: A Comprehensive Bibliometric Analysis
The intersection of culture and commerce within the art market has consistently captivated economists and art enthusiasts alike. A recent article presents an in-depth bibliometric…