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Why parents should teach their kids to give
Teaching children how to appropriately give money away can help them develop valuable financial skills such as budgeting, and it may also contribute to their well-being later in life, according to a study led by the University of Arizona. (2019-05-28)

Can we put a price on healthcare innovation in cancer?
Is there evidence that the money spent on innovation 'for the cure' actually benefits cancer patients? The latest Special Issue from ecancermedicalscience tackles the overlooked topic of health economics in cancer care. (2016-10-28)

Crowdfunding campaigns for unproven stem cell-based interventions
Crowdfunding campaigns by patients to raise money to pay for unproven stem cell treatments not covered by insurance often underemphasize risks and exaggerate the effectiveness of these treatments. (2018-05-08)

A study shows that electoral outcomes affect the way we treat other people
After the unexpected results of the 2016 US Presidential election, the way Americans treat each other changed as a function of their party affiliation, a new study by Celia Moore (Bocconi University) and colleagues, published in PLOS ONE, documents. (2018-05-25)

Stepfathers invest significant resources in stepchildren
In time for Father's Day: Contrary to popular perception, stepfathers do invest significant amounts of both money and time in their stepchildren, according to researchers studying the life histories of American stepfathers. (2000-05-31)

Politicians walk the walk, when it comes to financial investments
For the most part, politicians do put their money where their mouths are. A recent study of US senators and representatives finds that the more liberal a politician's voting record is, the more likely the politician is to invest in socially responsible stocks. (2019-05-31)

New experiments challenge economic game assumptions
Too much confidence is placed in economic games, according to research by academics at Oxford University. (2016-01-21)

New conservation method empowers indigenous peoples
In a new study, environmental social scientists worked with indiginous people in the rural Peruvian Amazon and determined that local people meet their basic needs through diverse subsistence activities, such as hunting, fishing, and farming, and over centuries they have developed sophisticated natural resource management systems that protect the robust rainforest ecosystem. Through the study, the scientists hope to overturn traditional notions about development and industrialization. (2017-10-11)

Study Shows Major Savings In Supervising TB Care
Researchers at Johns Hopkins have shown for the first time that spending more time and money up front to keep tuberculosis patients on strict drug regimens saves money in the long run (1996-10-01)

It pays to increase energy consumption
Researchers at Aarhus University have carried out extensive theoretical mappings of the way private consumers can save money for heating in a modern supply system based on electricity. Surprisingly enough, the mapping shows that by using approximately 10 percent more energy for heating, it is possible to save about 10 percent on the heating bill, at the same time as protecting the environment with lower carbon dioxide emission. (2016-05-31)

'Smart meters need a rapid rethink,' say Bath researchers
Researchers from the University of Bath have highlighted the limitations of the current £11 billion smart meter roll out and developed their own intuitive 'smarter' smart meter, providing home owners with significant energy savings. (2017-09-18)

Raising the minimum wage would reduce child neglect cases
Raising the minimum wage by $1 per hour would result in a substantial decrease in the number of reported cases of child neglect, according to a new study co-authored by an Indiana University researcher. (2017-08-16)

Lust makes you smarter and evidence that 7 deadly sins are good for you
Good news for lovers on Valentine's Day - the seven deadly sins, including Lust, are good for you. (2012-02-14)

How private households can stall economic growth
How quickly the economy recovers after an economic shock also depends on the behavior of private households. Using a complex theoretical model, economist Professor Dr. Christian Bayer from the University of Bonn and his team demonstrated that growing income uncertainty among private households can lead to an economic downturn. The model can also be used to identify the government's options for action and calculate their consequences for the economy. (2019-02-04)

How 'Dry January' is the secret to better sleep, saving money and losing weight
New research shows that taking part in Dry January sees people regaining control of their drinking, having more energy, better skin and losing weight. They also report drinking less months later. (2018-12-28)

Public programs encourage retirement at 60, says research
Today's Canadian seniors benefit most from government retirement programs if they stop working between 60 and 61 years of age, says University of Toronto economist Michael Baker. (2000-10-17)

Planting a park on the Cross-Bronx expressway would save money and lives
Researchers at Columbia University's Mailman School of Public Health explored the cost-effectiveness of placing a deck park on top of the Cross-Bronx Expressway, finding the plan would save money and lives. The results are published in the American Journal of Public Health. (2018-01-30)

How brain's reward system lessened distress over 2016 election results
Some people disturbed by the 2016 presidential election have suffered a loss of appetite, trouble sleeping and concentrating, and have become easily annoyed, while others equally disturbed by the election result have not suffered such symptoms of depression. A new study by UCLA psychologists explains the differences between these two groups. (2018-02-05)

There is more than just saving money when it comes to fake goods
While some may think a 'knock-off' product is morally wrong, new research from UBC's Okanagan campus demonstrates that for some cultures 'unethical' consumption is a virtue. Faculty of Management assistant professor Eric Li, along with researchers from the Hong Kong Polytechnic University and the Hong Kong Design Institute, interviewed young Chinese consumers about their purchased counterfeit products, examining how they rationalize their buying decisions. (2018-04-25)

Number-crunching could lead to unethical choices, says new study
Calculating the pros and cons of a potential decision is a way of decision-making. But repeated engagement with numbers-focused calculations, especially those involving money, can have unintended negative consequences. (2014-09-15)

The joy of giving lasts longer than the joy of getting
The happiness we feel after a particular event or activity diminishes each time we experience that event, a phenomenon known as hedonic adaptation. But giving to others may be the exception to this rule, according to research forthcoming in Psychological Science, a journal of the Association for Psychological Science. (2018-12-20)

Thinking about germs makes people concerned about how they look
People who worry a lot about germs appear also to be especially concerned about their physical appearance, a new study shows. (2017-12-18)

Consumer choices for the climate
The gift-giving season is upon us, and perhaps you're wondering how to give gifts that won't wreck the climate. Help is on the way. (2017-12-19)

A systematic framework to understand central bank digital currency
A paper published in SCIENCE CHINA Information Sciences analyzes the essence and connotation of digital fiat currency (DFC) from four dimensions. Chinese DFC is to contribute to more stable value, more secure data, more powerful regulation, stronger empowerment of individuals in payment activities, and smarter application. Chinese DFC should have qualities to provide better service for the public, to offer effective tools for macroeconomic control and to lay a solid foundation for RegTech development. (2018-01-08)

Partner's finances impact well-being, even in young love
How a young adult's boyfriend or girlfriend manages money may have an impact on the young adult's overall well-being and life outcomes, according to a new study led by the University of Arizona. (2018-04-03)

How words get an emotional meaning
Everyday objects and people have an emotional meaning. A wool sock might have an emotional value if it was the last thing grandmother knitted before her death. The same applies to words. A stranger's name has no emotional value, but if a loving relationship develops, the name suddenly has positive connotations. Researchers at the University of Göttingen investigated how the brain processes such stimuli -- positive or negative. Results were published in the journal Neuropsychologia. (2019-01-09)

Surprising monkey study: Bad times do not cause group members to change behavior
Researchers have observed an unexpected behavioral pattern in monkeys in Puerto Rico. As the population density in the group rises, the group as a whole produces fewer babies -- this is no surprise. But, to the surprise of researchers, it turned out that the group's individual members did not change behavior. How does this add up? (2017-10-30)

Human capital benefits of military boost economy by billions
A recent study finds that US government spending on military personnel has a positive impact on the nation's human capital -- essentially improving the American workforce. The study estimates the economic impact of this human capital improvement to be $89.8 billion for 2019 alone. (2019-05-17)

PSU study finds people prefer to donate time -- even when charities lose out
Each year during the holiday season, soup kitchens and charities alike are flooded with offers to volunteer. But is a donation of your time most beneficial to the charity, or would a financial contribution provide more value? Researchers from Portland State University and Texas A&M University wondered what drives volunteering -- especially when a monetary donation would have more impact. Their study, ''Why Do People Volunteer? An Experimental Analysis of Preferences for Time Donations,'' was published in this spring in the journal Management Science. (2019-06-24)

How religion can heighten or help with financial stress
Researchers found that some people experience financial stress due, in part, to their religion's demands on their time and money. Yet, others feel their religious involvement and support of their church community reduces their financial stress. (2019-11-18)

Morals versus money: How we make social decisions
Our actions are guided by moral values. However, monetary incentives can get in the way of our good intentions. Neuroeconomists at the University of Zurich have now investigated in which area of the brain conflicts between moral and material motives are resolved. Their findings reveal that our actions are more social when these deliberations are inhibited. (2019-02-06)

Are you prone to feeling guilty? Then you're probably more trustworthy, study shows
New research from the University of Chicago Booth School of Business finds that when it comes to predicting who is most likely to act in a trustworthy manner, one of the most important factors is the anticipation of guilt. (2018-07-19)

Food insecurity in Nunavut increased after Nutrition North Canada introduced
Food insecurity, meaning inadequate or insecure access to food because of a lack of money, has worsened in Nunavut communities since the introduction of the federal government's Nutrition North Canada program in 2011, found research published in CMAJ. (2019-05-21)

Increasing crop insurances adoption in developing countries
Farmers in developing countries often rely heavily on their yearly harvest to feed their families. A bad crop can have severe consequences for their livelihood. Despite the significant advantages crop insurances would offer in alleviating this risk, only a small percentage of farmers insure their crops. A simple but effective solution tested by researchers from the University of Zurich has increased insurance adoption to over 70 percent. (2018-12-05)

MIT Study: Long-term states of mind can affect short-term financial decisions
A new study by an MIT economist sheds more light on the quirks of people's actions in such cases and suggests that, in addition to immediate financial needs, persistent behavioral characteristics play a key role in even short-term pocketbook decisions. (2017-10-30)

New research sheds light on how happy couples argue
In marriage, conflict is inevitable. Even the happiest couples argue. And research shows they tend to argue about the same topics as unhappy couples: children, money, in-laws, intimacy. So, what distinguishes happy couples? According to a study published this August in Family Process, it is the way happy couples argue that may make a difference. (2019-09-16)

Free tax services in pediatrics clinics yield high returns
During its first two years, StreetCred, a free tax preparation program developed at Boston Medical Center (BMC), helped 753 clients in pediatric clinics receive over $1.6 million in federal tax returns. Results from surveys of clients and staff, published in Pediatrics, showed that StreetCred was associated with a significant improvement in tax filings and a significant increase in client knowledge about the Earned Income Tax Credit (EITC), which helps lift families out of poverty. (2018-05-30)

Kids, cash, and snacks: What motivates a healthier food choice?
What determines how kids decide to spend their cash on snacks? In a study with Boston-area children, researchers show that their experience with money and their liking of brands influenced decisions -- and that for some children, higher prices for unhealthy snacks might motivate healthier choices. (2017-08-01)

Changes proposed to improve research on health information technology
The American health system is investing a vast amount of money to adopt health information technology, but the benefits and drawbacks of the move are not fully understood. Researchers say a new approach is needed to better understand the value of the technology, one that expands reviews to include both costs and benefits, and longer study periods to capture long-term implications. (2015-02-10)

How to make carbon pricing palatable to air travellers
Travellers are willing to pay a little more for flights if they know the extra money will be used to address carbon emissions, a new study from the UBC Sauder School of Business has found. (2019-10-03)

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