Phys.org – Economics & Business

What makes us tip? A new study explores two main motives: genuine appreciation for the service and conformity with social norms. Those who truly value the service tend to tip above the standard rate, while […]

How does high population growth affect gross domestic product? Economics students are all too familiar with exam questions like this. As free-text questions, they require not only specialist knowledge but also the ability to think […]

The first national randomized trial of public Montessori preschool students showed stronger long-term outcomes by kindergarten, including elevated reading, memory, and executive function as compared to non-Montessori preschoolers.This post was originally published on this site

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