Articles tagged with Commerce
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 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 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.
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.
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.
New research from the University of Kansas found that nonprofits' increasing reliance on flexible labor leads to negative operational outcomes, such as reduced attendance at events. While short-term financial benefits may be achieved, there is no long-term fiscal improvement for these organizations.
A new vision plan for Innovation District Copenhagen outlines a comprehensive strategy to strengthen cooperation between businesses, educational institutions, and public actors. The district is set to become Denmark's new beacon for Life Science, with the goal of creating thousands of new jobs and attracting investments of billions.
A new study found that personalized pricing practices can lead to lower profits for companies and reduced consumer spending. Researchers suggest workarounds, such as corporate commitment or price caps, to avoid this pitfall.
A new MSU study explores the perceptions of consumers regarding 'Made in USA' labels, finding that confusion exists and reality often exceeds or falls short of expectations. Researchers analyzed survey data from 131 adult respondents to better understand consumer attitudes towards domestic production and labeling.
The Ateneo de Manila University's Business Insights Laboratory explores how AI can turn handwritten sales logs into manageable digital data. The system uses OCR and LLM technology to recognize products, match prices, and tabulate sales summaries, helping businesses quickly identify bestsellers or slow-moving stock.
Researchers found that retail transaction data can significantly improve credit access for consumers without a formal credit history, increasing approval rates from 16% to 48%. This alternative approach breaks the classic catch-22 in lending by using everyday shopping habits to build credit scores.
A study by Florian Zach found that Colorado hotels increased average monthly revenue by 25% between 2014 and 2019, primarily due to higher room bookings and daily rates. Hotels closer to dispensaries, newer and more upscale, and in high-demand areas saw the greatest benefits from dispensary legalization.
A new study estimates US vacation renters waste $2.3 billion worth of food each year due to grocery and leftovers going uneaten. The average nightly rental fee comes with a 5.1% surcharge for wasted food, equivalent to an additional lodging tax.
A new study from Michigan State University explores the economic shock of the largest series of U.S. tariff hikes since 1930, reshaping global supply chains. The framework helps researchers and policymakers understand the chaos and make sense of future disruptions.
A study by the University of Toronto's Rotman School of Management found that ingroup bias led to shorter inspections for domestic vessels and increased scrutiny after a catastrophic accident. However, additional training can counteract this bias, suggesting that human capital is crucial in enforcing standards.
A recent study by University of Houston researcher Melika Shirmohammadi examines career success disparities among minority and non-minority groups. The framework of 'complex visibility' reveals how minority groups are seen or perceived, often feeling hyper-visible yet invisible in certain contexts.
A new study from the University of Notre Dame finds that returnless returns can increase brand support by up to 25%. The strategy involves allowing customers to keep returned items and receive a refund, rather than processing returns. This approach fosters goodwill and customer loyalty.
A study by the University of Texas at Austin reveals that car dealers provide implicit subsidies to subprime borrowers. The dealers incur a loss of an average of $301 when arranging loans for these buyers.
A new study reveals that fatal school shootings have far-reaching consequences, altering daily life and disrupting economies in affected communities for months. Anxiety about public safety drives a measurable decline in consumer activity, particularly in grocery stores and restaurants.
A study by the University of Cambridge found that two-thirds of UK gig economy riders and drivers experience anxiety over ratings and pay, with over half risking health and safety while working. The study also revealed that local workers spend an average of ten hours a week waiting for jobs to come through on the app.
A recent report by Complexity Science Hub and Supply Chain Intelligence Institute Austria warns of destabilization in global trade and maritime transport. The expected consequences include price increases, logistical bottlenecks, congestion, and delays in transportation, especially on the US West Coast.
A new study from the University of Surrey found that cultural values significantly impact consumers' acceptance of mobile payments. The research identified five key cultural orientations that shape technology adoption, highlighting the need for businesses to develop targeted marketing messages.
Research from Cornell University found that consumers tend to overestimate fractional star ratings and underestimate numeric ratings, which can lead to companies overpromising and underdelivering. The study's findings highlight the need for new industry standards on rating formats.
A study found that 186 countries struggle to produce enough of essential food groups for their own needs, with significant gaps in meat and dairy products. The research highlights the need for international cooperation to build resilient food supply chains and ensure public health.
A new study from the University of Surrey explores how metaverse platforms like Roblox and ZEPETO are changing consumer engagement forever. Digital doppelgängers, using AR and VR technologies, create immersive experiences that enhance brand engagement and emotional connections.
ESMT Berlin collaborates with ECB to develop digital euro functionalities, focusing on programmed payments and smart contracts. The Digital Euro Hub platform will simulate programmed payments and test smart contracts.
Researchers from the University of Surrey warn that manufacturers who fail to adopt digital transformation will be left behind. By harnessing emerging technologies like chatbots, digital twins, and AR/VR, manufacturers can improve customer centricity and enhance their value proposition.
Researchers found that banks referred for violations are significantly more likely to engage in risk-heavy strategies and speculative lending. Stronger boards with larger and more independent membership can dampen the negative impact of misconduct.
Khaled Abed Alghani's research reveals five key processes in managing industry platforms: creation, integration, orchestration, navigation, and evolution. Platform-based business models struggle in B2B industries due to complex relationships between businesses.
A new book by Lancaster University historian James Taylor highlights the lives of pioneering female stockbrokers who challenged societal beliefs about women and money. The study reveals how these women fought against exclusion and ultimately won the right to join the London Stock Exchange in 1973.
A new study reveals that Automated Lead Nurturing improves engagement and enhances salesperson–lead interactions, but its impact on sales conversions varies significantly across industries and customer segments. ALN is most beneficial for new leads, short sales cycles, and lower-value deals.
Research by University of Toronto's Rotman School of Management found that adoption of international auditing standards leads to better financial reporting. Countries with stronger enforcement and more full integration of ISA into domestic practices show the most positive impact on audit quality.
A new study from the University of Surrey found that traditional methods for evaluating cost savings from diversification are fundamentally flawed. The research proposes a more accurate way of assessing production costs, highlighting the importance of considering supply chain management, resource allocation, and production bottlenecks.
A new study from the University of Texas at Austin finds that AI can create high-quality business plans and even critique existing strategies. The research suggests that AI can enhance the speed, quality, and scale of strategic decision-making, potentially giving companies a competitive edge and enhancing performance.
A survey of over 1,000 professional women found that remote work significantly reduces everyday gender discrimination. On-site, women experience 31% more gender discrimination than while working remotely.
A new report by University of Bath's Tobacco Control Research Group reveals a $93 million discrepancy in revenue reported by BAT Kenya, with no plausible explanation provided. The analysis suggests tax avoidance or evasion, raising urgent questions about the corporation's financial practices.
A study by University of Texas at Austin professor Lisa De Simone found that internal disclosure laws lead to more jobs and save taxpayers. External disclosure laws have little to no impact on job creation. The research analyzed data from 27 states and 48,243 subsidies.
A study by Kyushu University economists found a significant economic impact on Japan's tourism industry, resulting in a loss of 3.44 trillion yen and 22 billion US dollars. The pandemic also led to employment declines for 868,976 people, with the highest losses in restaurants and hotels.
Grocery store sales increase when beer is introduced, with households visiting more frequently and increasing expenditures by 8% per month. Beer-purchasing households also tend to spend more on related categories like snacks, cheese, and soda.
A recent study by the University of Surrey found that organisations are reluctant to adopt blockchain technology due to its high expectations and low deliverables. The research revealed that adoption drivers and barriers often conflict, creating a mismatch that slows organisational decision-making.
The new SMART USA institute aims to leverage cutting-edge research, educational initiatives, and industry-academic partnerships to improve domestic semiconductor design and manufacturing. The institute will focus on the development, validation, and application of digital twins to enhance semiconductor processes.
A study from the University of Bath found that labelling single bananas as 'sad singles' increased sales by 58% compared to happy banana signage. The emotional appeal evokes compassion in customers and reduces food waste. The researchers suggest this strategy can be an effective way for retailers to boost sales without reducing prices.
A study of nearly 2,000 retailers reveals that they tend to disengage from supplier relationships when a direct channel is introduced. This results in a decrease in the number of SKUs ordered and an increase in wholesale prices, with total order value decreasing by €399.50.
The UT Extension program has improved safety along the Buffalo River by installing GPS mile markers, assisting first responders during emergencies. The project, launched in partnership with local organizations, aims to reduce emergency response time and benefit thousands of river visitors annually.
Research reveals that stronger brands benefit from individual salesperson incentives, while weaker brands see increased profitability with group incentives. The study explores the impact of brand strength on sales incentive choices.
A new study reveals that eco-friendly activewear companies' post-consumer circular economy policies are hindered by geography, making them ineffective for global customers. The research found that many companies have take-back schemes but restrict them to domestic customers or specific locations, limiting their environmental impact.
New research from Texas McCombs suggests that small sellers have more options than previously thought. The study modeled the interactions between companies and consumers, considering factors like other channels, number of players, and substitutability. Sellers can choose to retain control over their prices or sell to Amazon, weighing t...
Researchers found that companies in strategic alliances can access more favorable loan rates and terms through the financial networks of their partners. This is because banks with existing relationships with an alliance partner offer lower interest rates to a company entering the alliance.
A new study from the University of Toronto's Rotman School of Management suggests that blocking killer acquisitions may stifle innovation, as startups are driven to create new products or processes to be bought by big companies. Regulators are exploring less extreme options, such as taxing acquisitions or offering subsidies to startups.
A study by the University of East Anglia found that minimum unit pricing (MUP) in Wales reduced transaction prices and alcohol bought by 20%, with a 15% increase in expenditure per customer. The policy was effective in targeting cheap, high-strength alcohol, with little demand spillover to more expensive products.
A University of Florida study found that national elections significantly impact consumer sentiment and spending intentions. Floridian consumers exhibit greater confidence about economic conditions when their favored political party is in charge. The research analyzed monthly sentiments data collected by the UF Survey Research Center, ...
A study found that companies with top management from Shiga Prefecture exhibited better environmental, social, and governance (ESG) performances. The Sanpo-yoshi values promoted inclusivity and elevated ESG metrics, suggesting a global standard for responsible business practices.
Researchers found that firms with mismatched positioning strategies, functional capabilities, and governance modes experience reduced innovation outcomes. Strong marketing capabilities are associated with increased innovation performance in joint development agreements for high differentiation-oriented firms.