The McCombs School of Business at UT Austin is part of a $50 million blockchain program launched by Ripple, supporting academic research, technical development and innovation. The program aims to explore increasingly useful applications of blockchain and cryptocurrencies.
Researchers found that consumers prefer green products when making an 'exclusion' frame of mind, rather than an 'inclusion' one. By focusing on what they don't want, consumers are more likely to consider key issues such as animal testing and human rights. This framing shift can lead to increased preference for eco-friendly products.
Researchers found that wishful bettors can contaminate beliefs throughout markets, causing investors with accurate beliefs to become overly optimistic about stock values. This contagion problem could contribute to market bubbles and other anomalies.