Articles tagged with Commerce
A new study from the University of Surrey discovered that simply explaining how customer money is spent can make them more willing to pay higher prices. The research found that customers are often more willing to pay when they understand the value behind a service, such as expert staff or quality ingredients.
Researchers from the University of Texas at Austin have developed a new approach to stress testing, which simulates multiple financial risks simultaneously to predict bank resilience. This method outperformed existing stress tests in identifying worst-case losses and captured more severe losses.
A recent study by Annabelle Roberts found that consumers tend to distrust others after a negative experience, and this distrust can be difficult to overcome. The researchers conducted 21 studies involving nearly 12,000 people and discovered that people learn attitudes from a single trust interaction, whether positive or negative.
The Resilient Energy Technology and Infrastructure Consortium will develop innovative ways to meet the nation's growing energy needs, generating 21,000 jobs and $1 billion in economic growth. The consortium will focus on advanced manufacturing, AI, cybersecurity, and energy technology.
A recent study from the University of Cambridge predicts that space launch costs will plummet over the next few years, falling more than 90% by 2040. The cost of sending a kilogram of payload into low Earth orbit is expected to drop from $3,868 last year to as little as $273 per kilo by 2040.
A study found that foreign direct investments raise employment by 13-16% in rural US counties, but have no significant impact on local incomes. However, higher wage growth and expanded housing supply are often observed in areas with increased FDI.
A new Cornell University research study reveals that TPS workers contribute significantly to New York state's economy and communities, with strong attachments to their local areas and pride in their economic contributions. The findings support previous research on the deep social, economic, and civic ties of long-term TPS holders.
A study by University of Cologne researchers found that sales system agility contributes to higher operating profit only when channel structure and management are aligned. Companies should review their sales channel mix and allocation of responsibilities to reap benefits from rapid adaptation.
A new study by Cornell University finds that women achieve similar economic outcomes in negotiations as men, but foster stronger interpersonal relationships, which lead to greater satisfaction. Women are preferred partners in negotiations due to their likability, fairness, and ability to build trust.
A new study examines how political context influences supply chain decision-making, finding that ideological cues can alter perceptions of both the decision and the decision-maker. Researchers found that even neutral presentations of politically charged issues can activate bias, influencing how recommendations are received.
A new study by the University of Exeter reveals that Brazil and Mexico's EV growth has been shaped by factors beyond emissions and efficiency. The research highlights how domestic coalitions, market size, and foreign technology influences have driven policy decisions in both countries.
A new study found that e-commerce warehouse jobs are more intense and dangerous than traditional warehouses, with workers facing pressure to move quickly and avoid breaks. The research suggests that Amazon's focus on fast delivery contributes to lower job quality, but alternative approaches are viable.
A new framework, SUVA, enables organizations to measure and adjust AI chatbots' social preferences, improving their performance in customer complaints and other human-AI interactions. By understanding an LLM's existing tendencies, organizations can decide whether an available model already fits its values and usage scenarios.
The forum discussed geopolitical risks, macroeconomic policy directions, and new economic drivers amidst intensifying external and internal challenges. Key findings highlight the resilience of Hong Kong's capital markets and the growth of artificial intelligence and high-tech industries in China.
Curtin Ignition 2026 is a fast-paced program designed to help early-stage concepts move towards commercial reality. The program features a mix of workshops, hands-on venture support sessions and mentoring, as well as networking with experienced entrepreneurs, investors and industry specialists.
A new biography by Dimitry Anastakis explores the life and career of L.R. Red Wilson, a pioneering Canadian business leader who made significant contributions to higher education, business, and public service. The book showcases Mr. Wilson's remarkable journey, including his executive leadership positions and philanthropic efforts.
A new study from the University of Copenhagen shows that Danish retailers can generate a net financial gain of €0.3-€0.8 per kilo by selling surplus food at discounted prices. Donating food to organizations that redistribute it to vulnerable people is often cheaper than disposal, with savings of €0.10-€0.20 per kilo.
A new AI model helps measure business complexity by breaking it down into 29 categories, including debt, equity, and financial structures. The tool can identify areas of complexity that require closer analysis for investors and provide insights for standard setters and regulators to simplify reporting standards.
Researchers found that more accurate weather forecasts can significantly reduce heat-related deaths. The study suggests that technological advancements in forecasting can offset projected increases in heat-related fatalities due to climate change. In fact, the economic value of saving lives through improved forecasting is substantial a...
A study from the University of Texas at Austin found that internal firewalls can reduce the quality of innovations and hinder a company's ability to build on its discoveries. However, companies with stronger bargaining power can minimize these restrictions by structuring alliances that don't overlap with competitors' knowledge bases.
A study by Cornell University researchers found that prompting employees to reflect on unintended outcomes leads to more creative ideas during brainstorming. Reflecting on past 'happy accidents' helps individuals regain control, leading to higher-quality ideas.
A study of nearly 200,000 Amazon reviews reveals that the structure of online product reviews plays a crucial role in their helpfulness. The researchers identified nine possible structures of online reviews and found that different review structures are more or less helpful depending on how highly the reviewer has rated the product.
Coupon programs shifted towards higher-cost drugs, offering larger incentives to offset increasing patient cost-sharing requirements. Manufacturer-sponsored coupons saw a significant decline between 2017 and 2024, while per-claim coupon amounts rose accordingly.
The West of England, a region with exceptional potential, is limited by structural constraints. Key findings include export strength, world-leading innovation clusters, and a strong but place-specific labour market.
A study by University of Cologne researchers found a significant increase in drug-related homicides along strategic trafficking routes after NAFTA came into force in 1994. The homicide rate among males aged 15-39 increased by 2.1 cases per 100,000 in these regions.
A new study explores the market effects of unleashing generative AI on creative endeavors, finding that low-quality 'AI slop' harms consumers and professionals. High-quality AI, however, can enhance professional work while providing consumers with better content options.
A new study in Management Science found that small operational decisions can increase profits while reducing spoilage. By optimizing product display and discounting strategies, retailers can achieve a rare win-win, benefiting both profitability and sustainability.
Research from the University of Texas at Austin reveals that increased bank competition can result in higher interest rates for borrowers. With more banks competing for loans, each additional bank is associated with a 7 basis point increase in interest rates. This is due to the 'winner's curse' effect, where lenders become risk-averse ...
A new study from the University of Notre Dame examines the prevalence, determinants and consequences of cheap stock options. The research found that firms granting more options, having larger public offerings and venture capital backing tend to have greater gaps between IPO prices and exercise prices.
The book sheds light on the often-ignored contributions of women in economics, highlighting their role as economic agents throughout history. Heggeness shares robust data and anecdotes about women who have thrived economically, from Taylor Swift to unsung heroes like Francis Perkins.
A new study from the University of Notre Dame suggests that new CEOs should balance swift strategic action with caution to avoid analyst scrutiny. Analysts generally prefer a moderate pace, with longer delays seen as a risk, especially in turbulent situations.
A partnership between University of Copenhagen and Danish Technical University aims to improve Europe's resilience and competitiveness by boosting innovation. The initiative seeks to develop the innovation ecosystem, drive urban development, and attract talent, companies, and investors.
A recent study by researchers from Waseda University and Zhejiang University found that inward foreign direct investment has distinct nonlinear, spillover, and contingent effects on new venture creation. The study analyzed China's enterprise credit information data between 2013 and 2023 and demonstrated robust support for its hypotheses.
A new study warns that the U.S. government's fiscal capacity depends on the dominance of the U.S. dollar, and potential losses for bondholders could be significant if another currency replaces it. Historically, countries with a strong currency have experienced economic downturns when their dominance wanes.
Researchers found a predictive relationship between cross-border deal activity and future economic growth, with high outflows predicting domestic weakness and inflows predicting stronger conditions. The study analyzed nearly 25 years of data on cross-border deals involving over 40 countries.
A new digital and legally binding fingerprint developed at the University of Copenhagen makes products impossible to counterfeit. Royal Copenhagen is among the first brands in the world to use this solution, resulting in immediate transparency across their distribution chain.
A new study by MIT researchers reveals that cities with strong airline connections are more likely to attract multinational firms, particularly in knowledge industries. The study analyzed 7.5 million firms in 800 cities and found that direct flights lead to a 20% increase in subsidiaries, compared to cities with only one-stop connections.
The suspension of the Foreign Corrupt Practices Act generated record gains for companies involved in overseas corruption cases. Companies that had been subject to investigations or sanctions under the FCPA collectively gained around $39 billion, with individual companies recording increases in market capitalization of billions of dollars.
Research highlights the importance of owner individual resilience and entrepreneurial orientation in driving organisational resilience in small independent retailers. The study reveals that these factors enhance innovation and business performance, leading to improved adaptability and responsiveness to market changes.
A new study by Edith Cowan University found that AI technologies boost marketing agility, leading to stronger stakeholder engagement. The research also highlights the importance of adapting to AI adoption to achieve sustained competitive advantage.
A major new study by UCL researchers reveals the challenges faced by London’s 1.3 million night workers, including pay inequality, health problems, transport difficulties, safety concerns, and a lack of workplace dignity. The study provides personal stories and policy recommendations to inform UK employment law reforms.
Researchers used AI to analyze variscite samples, predicting their geological origin with 95% accuracy. The study reinterprets prehistoric trade routes, revealing new information about the spread of this highly valued mineral throughout Western Europe.
Research finds that fixed bonuses are more effective in abundant labor markets, while contingent bonuses are better suited for tight labor markets. However, both strategies have downsides, including reduced worker pay and operational inefficiency. This study sheds light on the complexities of bonus competition in the gig economy.
A new study by University of East Anglia researchers identified key factors contributing to successful crowdfunding campaigns on Seedrs. Setting a £90K target, having around 19 team members, and using specific phrases in campaign pitches all helped attract investors.
Researchers from Radboud University identified eight legal risks associated with MLMs, including false income promises and pyramid scheme-like structures. Studies funded by the MLM industry often downplay these risks, creating a false impression that MLMs are safe business models.
Researchers used Tesco Grocery 1.0 dataset to identify large clusters of food deserts in East and West London, where residents have limited access to affordable nutritious food. The study found correlations between sociodemographic factors and nutrient-deficient purchases in areas with higher income and car ownership.
A food tax shift could reduce premature deaths and disease by 700 annually and 700,000 tonnes of carbon dioxide emissions in Sweden. The study shows that selective taxes on unhealthy foods can lead to healthier diets without increasing the average price of groceries.
When economies falter, households become more vigilant in searching for high-interest savings accounts, which can exacerbate recessions. This collective behavior amplifies economic fluctuations by 14%, pulling more money out of the economy when it's already struggling.
A new study from UC San Diego's Rady School of Management found that education and social connections play a more significant role in participating in highbrow culture than income. The research used large-scale survey data to compare the UK and US, finding cultural capital dominated in the UK while social capital led in the US.
A study by Cornell University researcher So-Yeon Yoon found that generative art can positively impact consumer behavior in virtual stores, with greater effects on mass-market shoppers. The research suggests that dynamic generative art may be more effective than static art in enhancing perceptions of exclusivity and aesthetic pleasure.
A new study from the University of Vaasa finds that reducing clothing consumption improves body image and overall well-being. By extending the lifespan of clothes, individuals can reduce social comparison and increase self-esteem.
A recent study by Waseda University researchers reveals that the Bank of Japan's large-scale ETF purchases have a significant impact on both the equity market and securities lending market, making short selling easier. This suggests that the stock market functions efficiently to some extent, mitigating distortions in stock prices.
A new study from the University of Vaasa examines how Finnish households are becoming more flexible with their energy consumption, driven by digitalisation and financial incentives. The research finds that material and monetary benefits are the most effective motivators for adopting flexible energy habits.
A new study shows that direct-to-consumer pharmacy pricing can offer lower total costs (431% lower) compared to commercial pharmacies for insured patients. Out-of-pocket neurologic drug costs are 75% higher, but most medications cost less than $635 per year.
Individuals with psychosis reported a large increase in current cannabis use following legalization, exceeding previous estimates for the general population. This finding highlights the need for policymakers to consider the potential health impacts of cannabis use on individuals with psychosis.
The US has traditionally been an agricultural powerhouse but global dynamics are changing due to political and economic factors. Row crops like corn, soybeans, wheat, and cotton are experiencing stagnant or declining exports, with the trade deficit projected to worsen in coming years.
A study found that Operation Choke Point, launched in 2013, failed to restrict credit for controversial industries. Targeted banks reduced lending to small businesses, but large companies continued to secure credit and even increased their borrowing. Firms responded by switching to non-targeted banks, rendering the operation ineffective.
A new study found that plain packaging of vape pods reduces young people's interest in trying them, but does not affect adults' interest. Standardised packaging also failed to deter adults from perceiving vapes as harmful compared to cigarettes.
The European Network on Regional Labour Market Monitoring explores foresight methods to improve forecasting accuracy, given the speed of change in regional labour markets. The network's annual conference brings together international researchers, consultants, and practitioners to exchange insights and share knowledge.
Researchers analyzed over 50,000 barrage comments from a promotional video on Chinese platform Bilibili, finding a clear link between positive emotional comments and purchasing intent. The study also observed real-time emotional contagion and nuanced dynamics in viewer behavior.