economic decision making
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…
Rethinking Financial Education for the Digital Age
A large study led by Hiroshima University in collaboration with Rakuten Securities suggests that financial education may need to evolve as financial services become increasingly…
Why Deciding to Take a Sick Day Is More Complex Than It Seems
As winter illnesses circulate and cost-of-living pressures continue to mount, taking a sick day is not simply a matter of health for many Australians. New…
The Hidden Forces Behind Financial Decisions: Loss, Regret and Risk
People make financial decisions not simply by weighing potential risks against expected returns, but also by trying to avoid losing money and experiencing regret, according…
Evidence Suggests Sugary Drink Taxes Are Less Effective in Fast-Food Settings
A new study led by Brian Elbel and Pasquale Rummo from NYU Grossman School of Medicine has found that taxes on sugary drinks may not…
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…
Partner or Problem? Rethinking the Consequences of IMF Reforms
Loans from the International Monetary Fund are often designed to help developing countries stabilise their economies and address financial crises. However, such assistance typically comes…
Why taxing property during booms and subsidising it in slumps could protect housing markets
Financial crises may be intensified by the way mortgage lending and housing taxes are currently structured, according to new academic research. The study suggests that…
Research reveals public willingness to accept higher taxes when the value of shared services is clearly explained
The research examines how people’s attitudes toward taxation and government size shift once they gain a clearer understanding of the universal benefits of public goods.…
Displaying the cost per wear on clothing tags may help tackle fast fashion, study finds
A recent study has found that showing the cost per wear (CPW) on clothing labels could nudge shoppers away from fast fashion and towards better-quality,…
One negative safety review may be all it takes to drive guests away from an Airbnb, study finds
When choosing an Airbnb, reviews play a far greater role than many travellers might assume. A new study conducted in collaboration with the Binghamton University…
Melancholy and Mementos: How Emotion Drives Souvenir Buying
New research from Cornell University casts new light on the psychology behind souvenir buying, revealing that our emotional state—particularly the experience of sadness—plays a significant…