Phys.org – Economics & Business

Testosterone has long been linked to risk-taking, generosity, and competitiveness. But a new large-scale study—the biggest of its kind—finds that men given testosterone made the same economic choices as those given a placebo. The study, […]

A new update to an influential economic theory called “Doughnut Economics” shows a global economy on a collision course with nature.This post was originally published on this site

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ones, a key […]

In an era dominated by algorithms and automation, new research from the University of Miami Patti and Allan Herbert Business School reveals that human intuition still holds a critical edge.This post was originally published on […]

U.S. Census data shows no systematic age differences between men and women in the workforce over the past decade. And globally, women on average live about five years longer than men. But that’s not what […]

The late psychologist Daniel Kahneman once said if he could wave a magic wand and get rid of any bias, he would choose overconfidence. However, overconfidence is here to stay. In a recent study in […]

Many Americans choose food based on cost and nutrition, but personal values, such as animal welfare and environmental concerns, also shape what ends up on our plates.This post was originally published on this site

The impact of scientific research extends far beyond the laboratory. Breakthroughs like insulin and innovations like the internet have transformed our everyday lives. They also influence policymaking and the overall economy. To make the most […]

In business, marketing and social work, financial incentives are often used to increase people’s motivation, guide their behavior and achieve lasting success. However, the latter is not always the case, as a recent study in […]

Since 2022, American companies, consumers, and even the United Nations have used large language models—artificial intelligence (AI) systems such as ChatGPT that are trained to create text that reads like human-generated writing. In a study […]