behavioral economics
A study involving the Cluster of Excellence ECONtribute at the Universities of Bonn and Cologne suggests that people often interpret stock market opportunities differently from…
Carbon-Based Pricing Linked to Greener Tourist Intentions, Hanyang University Study Finds
Hotels have long encouraged guests to reuse towels, reduce linen changes, and conserve energy, but tourism continues to generate substantial carbon emissions. Voluntary sustainability initiatives…
Which Companies Are Most Capable—and What Others Must Prioritise First
Understanding how companies develop managerial skills, adopt technology and build innovation capacity can help explain why some outperform others and how less advanced firms can…
People Who Recognize Mutual Benefits Are More Likely to Seek Advice
Many people hesitate to ask others for advice because they fear being a burden or taking up unnecessary time. This reluctance can prevent individuals from…
How ‘Charming’ Language Influences Us: Insights from a New Study
Big brands have long relied on catchy slogans to distinguish themselves from competitors, often making glowing claims that are impossible to verify. Marketers refer to…
A Great Manager Can Be a Team’s Greatest Asset
A new international study published in The Quarterly Journal of Economics suggests that a good manager can be just as important to a company’s performance…
Consumers Value Environmentally Friendly Lobster Harvesting, UMaine Study Finds
U.S. consumers are willing to pay more for lobster harvested using ropeless fishing technology designed to reduce whale entanglement risks, according to new research from…
Study Suggests Low-Performing Organisations Rely More on Outside Sources of Knowledge
People working in low-performing organisations are more likely to seek ideas, expertise, and new practices from outside their own workplace, according to a new study…
Lack of Information Fuels Misinformation
Capturing public attention has become essential for communicating science, but making scientific content engaging can come at a cost. Information designed to attract clicks, shares…
Rethinking wine packaging: Could glass be replaced? Researchers examine consumer attitudes
Glass has dominated wine packaging for nearly four centuries and remains the preferred choice among consumers. Still, growing concerns about sustainability may create opportunities for…
When Private Solutions Fall Short on Climate Change
When dealing with climate change, focusing too much on private solutions instead of public action can create serious problems. Private measures—such as building local flood…
New Research Investigates Why Consumers Prefer Familiar Brands or Explore New Ones
Why do people often continue choosing familiar brands and options even when better alternatives might exist? A recent study co-authored by an Illinois Institute of…