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New mortgage design would minimize home foreclosures

Researchers propose a new adjustable balance mortgage contract that resets the loan balance and monthly payment based on the mortgaged home's market value. This design reduces the economic incentive to default, costing about the same as a typical fixed-rate mortgage.

SourcePenn State·JournalReal Estate Economics·DateJan 19, 2011

Virtual training gets real

The ImREAL project aims to create a simulated learning environment that responds to users' behavior and adapts accordingly. Researchers will develop intelligent tools to encourage trainees to detect subtle differences in communication and social cues across cultures.

CEO's fate in hands of external constituents

A study by Rice University found that investment analysts' negative stock recommendations increase the probability of CEO dismissal. The researchers analyzed panel data on S&P 500 companies from 2000 to 2005 and found a significant impact of downgrades on CEO turnover decisions.

SourceRice University·JournalStrategic Management Journal·DateSep 29, 2010

High testosterone levels linked to self-destructive CEO behavior, says Management Science

A study by Maurice Levi, Kai Li, and Feng Zhang finds that high testosterone levels in CEOs negotiating mergers and acquisitions are associated with a higher rate of dropped deals and increased hostile takeover attempts. Younger CEOs with high testosterone levels tend to reject low offers, even if it's against their interest.

People don't really like unselfish colleagues

Research found that unselfish workers who volunteer for tasks and take on details are also among those most wanted to be voted off a team. This phenomenon occurs because others perceive these individuals as setting an unrealistic standard, making themselves appear worse by comparison.

SourceWashington State University·JournalJournal of Personality and Social Psychology·DateAug 20, 2010

UC Denver study finds beautiful women face discrimination in certain jobs

A recent UC Denver study found that attractive women face discrimination when applying for certain jobs considered masculine, such as research and development or construction supervisor roles. In contrast, attractive men faced no similar disadvantage. The study highlights the existence of a double standard in hiring practices between m...

SourceUniversity of Colorado Anschutz Medical Campus·JournalThe Journal of Social Psychology·DateAug 6, 2010

TWAS awarded Premio Feltrinelli

TWAS has received the 2010 Premio Feltrinelli award for its unprecedented accomplishments in promoting scientific capacity in developing countries. The prize includes a Euro 250,000 cash award and recognizes TWAS's inspirational mission to advance global economic and social well-being through South-South cooperation in science.

SourceTWAS·DateJun 24, 2010

Relying too much on e-mail bad for business, study says

A University of Illinois study found that relying too much on e-mail and videoconferences can lead to a lack of trust among team members, which is critical for successful collaboration. The research suggests that businesses should balance the use of technology with face-to-face meetings to recharge relationships and maintain trust.

SourceUniversity of Illinois at Urbana-Champaign, News Bureau·JournalOrganizational Behavior and Human Decision Processes·DateJun 16, 2010

A quick fix for queues

Researchers in Taiwan have devised a formula to reduce queuing time, improving customer loyalty and sales. The 'balking index' predicts the number of frustrated customers who will leave their position in the queue.

SourceInderscience Publishers·JournalInternational Journal of Services and Operations Management·DateJun 1, 2010

Bank relationships matter

A recent study by University of Missouri researcher Tansel Yilmazer found that small business relationships with financial institutions affect loan applications and approvals. The study, published in Financial Management, suggests that good relationships can lead to lower loan rates during economic expansions.

SourceUniversity of Missouri-Columbia·JournalFinancial Management·DateMay 18, 2010

Exclusive licensing deals a tool for collaboration, study says

Researchers found that exclusive licensing deals are a tool for collaboration and risk management in product development, allowing innovators to manage risks while leveraging cooperation. The study analyzed over 200 exclusive licensing deals and suggests that granting rights to a sole partner can curb risk and incentivize cooperation.

SourceUniversity of Illinois at Urbana-Champaign, News Bureau·JournalStrategic Management Journal·DateApr 14, 2010

The new ID card

The new ID card features an RFID chip, cryptography, and a six-digit PIN for secure access to personal data. It enables citizens to validate their identity online and use the eID function for various services like banking and shopping, promoting confidence in digital transactions.

Study: Believers' inferences about God's beliefs are uniquely egocentric

A recent study published in the Proceedings of the National Academy of Sciences found that religious individuals tend to rely on their own beliefs when inferring what God might believe, but are less constrained when reasoning about others' beliefs. This suggests a unique egocentric bias in believers' thinking about God's views.

SourceUniversity of Chicago·JournalProceedings of the National Academy of Sciences·DateNov 30, 2009

Implications of past forecasting errors often underestimated

Researchers found that managers tend to downplay the significance of their past forecasting mistakes when predicting future earnings. This underestimation can influence how investors respond to new forecast announcements, contributing to persistent price drift after an earnings announcement. Further study is needed to determine if this...

SourceUniversity at Buffalo·JournalJournal of Business Finance &amp Accounting·DateNov 10, 2009

Identifying ID theft and fraud

Research by McMaster University reveals that identity theft and fraud are increasing concerns for consumers, with phishing, credit card skimming, and insider theft being major threats. The study's model defines ID theft and fraud as two distinct problems, aiming to educate the public on how their personal data can be misappropriated an...

SourceInderscience Publishers·JournalInternational Journal of Business Governance and Ethics·DateOct 14, 2009