Articles tagged with Finance
A global study of 76 countries reveals a significant association between wealth and prosocial behavior, with higher income leading to increased altruistic intentions and reciprocity. The study also found that financial equality could have a strong impact on increasing prosocial attitudes.
A study led by Penn State's Sara Dommer found that people cheat on tasks like crossword puzzles and calorie tracking when intrinsic rewards are at stake. Participants reported higher scores and attributed their performance to intelligence, rather than cheating, even after being graded objectively.
A recent study emphasizes the urgent need to address bias in generative AI systems, which can distort outcomes and erode public trust. The research suggests that developing and deploying ethical, explainable AI is crucial to ensure fairness and transparency in critical decision-making areas.
The hospital was ranked highly among healthcare professionals in the US and globally, reflecting its commitment to compassionate care and innovative research. UH Cleveland Medical Center is affiliated with several top medical schools and institutions, further solidifying its reputation as a leading Academic Medical Center.
The University of Texas at Arlington hosts weekly 1 Million Cups meetings, bringing together students, faculty, and local entrepreneurs to share ideas, network, and support startups. The program is part of the global 1MC network, which aims to facilitate community engagement and innovation.
Research highlights three vulnerable populations: racial and ethnic minorities, financially insecure individuals, and those with chronic health conditions. Depression is a significant factor in social isolation among these groups.
A new study from the University of Vaasa identifies transparency, centralisation, territorial access, fee structures, and referral schemes as risk factors in cryptocurrency exchanges. Decentralised exchanges have a lower probability of failure compared to centralised platforms due to their distributed structure.
PolitiFi, a new form of meme coin cryptocurrency inspired by internet culture and humour, was explicitly affiliated with political candidates in the 2024 US elections. The coins helped shape narratives, enhance visibility, and boost political engagement among voters in the cryptosphere.
A study of over 57,000 people from 65 countries found that the Satisfaction With Life Scale generally holds up well when applied to diverse groups. The scale identified common themes in life satisfaction, including financial security and relationships, across nations and age groups.
A cross-sectional study found that nearly half of primary care physicians were affiliated with hospitals, while private equity-affiliated PCPs had higher prices. The study suggests that hospital consolidation and private equity involvement are driving up costs in primary care.
A new study by Binghamton University explores how media companies publishing similar content in different news outlets can impact financial markets. Researchers found that business news outlets owned by the same holding company tend to produce more similar stories, reducing unique information and potentially affecting investor efficiency.
Research from University of Texas at Austin finds that having Democratic lawmakers as shareholders can deter activist investors who target companies for cost cuts and environmental, social, and governance (ESG) programs. The study found no effect from Republican politicians as shareholders.
A new study by USC Dornsife researchers reveals how Illinois' repeal of the 'pay-to-stay' law, charging inmates for room and board, can inform national reform efforts. The study found that lawmakers used a pragmatic approach to reform, highlighting the importance of data-driven decision making in advancing criminal justice reform.
A study by Washington State University found that ChatGPT struggles with nuanced financial tasks, even when compared to human professionals. The AI model performed well on broad concepts but showed significant inaccuracy on specialized topics such as determining clients' insurance coverage and tax status.
A new study from Penn State found that parents who experienced difficult childhoods provided an average of $2,200 less for their children's college education. This suggests that intergenerational monetary exchanges could influence the next generation's success, with even parents' current socioeconomic status mattering.
Professor Minh Nguyen and Professor Carsten Sauer have received ERC Consolidator Grants to investigate financialization in Asia and gender-based wage differentials in Europe. Their projects aim to understand the impact of financial markets on working lives and labor market practices.
The Dream Team of University of Houston students developed a comprehensive 10-year energy plan to address energy poverty in Egypt and Turkey. Their interdisciplinary approach prioritized renewable energy technologies, resulting in $5,000 prize money and recognition for their sustainability and economic feasibility.
A new study by UC Riverside professors found that auditors with extensive industry experience deliver higher-quality audits while offering cost savings to clients. Companies should avoid low-balling their fees, as this can lead to higher costs and lower-quality audits in the long run.
A study of 9,000 US-based participants reveals that they prioritize efficiency over fairness when choosing between human and algorithmic decision-makers. Notably, Republicans prefer humans more than Democrats, yet most claim fairness is a top priority.
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.
A study by University of Copenhagen researchers highlights the challenges in investing in green hydrogen projects, citing market risks, regulatory uncertainty, and high costs. Oil and gas companies are better positioned to finance large-scale hydrogen projects due to their expertise and infrastructure.
The American Heart Association has launched a new three-year initiative to standardize HCM systems of care and support better management of the disease. The initiative aims to overcome gaps in care for hypertrophic cardiomyopathy, leading to delayed treatment, increased risk of complications, and preventable death.
A new model reveals that supply chain risks can amplify financial losses, with banks facing up to five times higher losses than traditional credit risk models. The study highlights the need for regulators to rethink systemic risk monitoring, focusing on firms with central roles in supply chains.
The McCombs School of Business at UT Austin took first place in the National Real Estate Challenge, outperforming 18 other teams with a winning strategy focused on improving liquidity and optimizing the portfolio. The team won $12,500 and national recognition from corporate sponsors and judges.
Researchers found a pattern in how people interpret new information, overreacting to weak signals and underreacting to strong ones. This bias holds true across various settings, including financial markets, according to a study analyzing millions of betting transactions and prices on options contracts.
A Chinese Medical Journal study reveals that patients with prostate cancer can undergo surgical removal without a pre-operative biopsy, using a combination of mpMRI and PSMA PET/CT imaging. This approach reduces costs and complications associated with traditional biopsy methods.
A new study finds that access to safe, legal abortion is associated with higher college graduation rates, better financial stability, and lower poverty levels among women. Women who had an abortion were more likely to experience economic mobility compared to those who became teen parents.
Researchers found that windfall profits from oil and gas companies in 2022 would be enough to cover climate payments for nearly five years. Governments can redistribute these excess profits to fight the climate crisis, with a tax on windfall profits being a proposed solution.
Researchers warn that inadequate funding for climate adaptation measures disproportionately harms vulnerable populations. Maladaptation occurs when strategies backfire and worsen living conditions. Effective funding is crucial to ensure progress in adaptation.
The American Heart Association has awarded $75,000 to local entrepreneurs to develop innovative solutions addressing health inequities in their communities. The EmPOWERED to Serve Business Accelerator program supports social entrepreneurs and organizations focused on improving health outcomes.
A recent study by Probal Dutta finds that companies with good environmental performance tend to disclose more information about their activities and effects on nature, often with external verification. This is a positive association, suggesting that companies are taking responsibility for their impact.
Researchers analyzed a thermophotovoltaic system paired with phase-change materials for energy storage and found slight reductions in costs. The study identified key factors affecting TPV system costs, highlighting the need for future research to improve adoption and efficiency.
A new study reveals a surge in cryptocurrency fraud committed by young, tech-savvy male offenders, with 55% of cases involving American targets, posing significant challenges to traditional law enforcement.
The Energy Transition Vulnerability Index (ETVI) measures a nation's susceptibility to adverse effects of transitioning away from fossil fuels. Countries in the Global South face greater challenges than those in the Global North, with global vulnerability decreasing but interrupted by the COVID-19 pandemic.
A new article in Journal of Palliative Medicine highlights the growing role of for-profit entities in home health and hospice care, which can compromise care quality and patient welfare. The authors emphasize the need for research and regulatory responses to address these trends and ensure better care for seriously ill older adults.
A study by MIT researchers reveals that households in the US South and Southwest are struggling with energy costs, particularly air conditioning needs, as temperatures rise. The current federal program, LIHEAP, does not fully match these trends, with southern states receiving relatively less funding.
A study found that female physicians are underrepresented in high-compensation specialties compared to non-high-compensation specialties. High-compensation surgical specialties experienced a steady increase in female applicants and matriculants over time.
A new study warns that continued investment in carbon-intensive industries could lead to $557 trillion of stranded assets by 2050. Researchers urge policymakers to transform educational and financial systems to create new opportunities, rather than delaying the transition.
A new study by CMCC scientists investigates how financial policies can ensure a just transition to clean energy. The research finds that fair-financing policies can reduce inequality in per-capita renewable energy generation by 2-4% and make electricity cheaper by an average of 10%.
A new study shows that belonging to age-based groups affects finances and health, with kin-based societies experiencing significant improvements in child nutrition. Researchers analyzed cash transfer programs in East Africa, finding that pension payments to seniors reduced malnourishment by 5.5% in kin-based households.
A new study published in Communications Psychology found that older adults (60+ years) are more susceptible to social influence when making impulsive financial decisions. In contrast, younger adults tend to stick to their original preference even after seeing others opt for the impulsive option.
A Northwestern University study finds that cancer patients prefer their providers assess their financial concerns early in treatment. Most patients (83%) want their providers to reach out regarding financial needs, with 82% preferring this at diagnosis or starting treatment.
Research published in PLOS Medicine found that reducing the serving size for beer, lager and cider in UK pubs resulted in a 9.7% decrease in daily mean volume of beer sold. The study suggests smaller serving sizes could contribute to reducing alcohol consumption and decreasing the risk of various diseases.
A new study reveals a significant correlation between entorhinal cortex thickness and financial exploitation vulnerability, a potential early indicator of Alzheimer's disease. The research suggests that assessing financial awareness could help identify cognitive changes in older adults.
A new study from the University of Texas at Austin finds that more frequent financial reporting aids investors in predicting future earnings. Quarterly reports lead to better-correlated returns with long-term future earnings, making it easier for investors to forecast and incorporate them into current stock prices.
A recent study reveals racial disparities in cancer stage at diagnosis and survival for adolescents and young adults, highlighting the need for tailored interventions to achieve cancer care equity. The findings support health policy and funding implications, emphasizing the importance of addressing these disparities.
New research reveals a persistent gender gap in household decision-making, with husbands holding more control over investments and potentially exposing their wives to unwanted financial risks. The study found that this power imbalance can have significant consequences for women's financial well-being and overall security.
A new study from the University of Auckland finds that mandating social and environmental disclosures doesn't necessarily improve businesses' performance. The researchers analyzed a cross-country sample of companies under the EU Directive 2014/95/EU and found no meaningful improvement in environmental outcomes.
Researchers at Griffith University found that early retirement of coal-fired power plants can be financially advantageous for investors. The study highlights the potential benefits of accelerating the transition from coal to renewable energy in developing Asian economies., Key findings include: Younger coal plants can potentially be re...
A cross-sectional study found that approximately 50% of cancer survivors experience financial hardship, with social vulnerability playing a key role in increasing levels of hardship. Younger, Medicare or Medicaid beneficiaries, and those with advanced disease are particularly vulnerable to financial strain.
A new study by the University of Oxford recommends expanding climate reporting standards to capture companies' wider impact on global net zero. This includes their product power, purchasing power, and political influence. The goal is to incentivize systemic change through products, purchases, and policy lobbying.
A mathematical model developed by Chris Zobel and colleagues optimizes resource allocation in urban infrastructure while considering social vulnerabilities and projected sea level rise impacts. The approach prioritizes investments that enhance resilience and mitigate socio-economic disparities, enabling informed decision-making that ba...
A novel method implementing investment decision-making of prospect theory utility toward stock markets has been developed and empirically investigated. The new method, cross-sectional prospect theory value (CSPTV), is shown to improve the predictive power of performance persistence in future holding periods compared to existing methods.
Research from Edith Cowan University finds that carbon assurance will likely become mandatory due to growing stakeholder demand and IFRS climate change disclosures. Companies with existing systems in place for tracking carbon emissions are expected to reap benefits, including increased shareholder investment.
Medical debt exacerbates the mental health treatment gap among US adults, particularly those with depression and anxiety. The study highlights the need for new policies to protect against this financial barrier and ensure access to mental health care.
Research shows that gamified investing platforms can lead to more frequent trading among novice investors, who are often susceptible to 'fun trading' and make ill-advised strategies. Meanwhile, knowledgeable investors prefer neutral platforms with fewer features.
Research by economists at University of East Anglia and others found links between finance ministers and executives at biggest credit ratings agencies associated with higher ratings for countries without these connections, highlighting a conflict-of-interest problem in the credit ratings agency business model.
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 recent study published in the International Review of Financial Analysis suggests that cryptocurrencies are not completely disconnected from economic risks. The research found that during turbulent periods like the COVID-19 pandemic and Ukraine war, cryptocurrency prices experienced increased volatility.
A new study examines the economic effects of sanctions on Iran and Russia, finding significant declines in GDP and prosperity. The researchers propose transferring funds to mitigate welfare losses among participating countries, suggesting a more effective approach to sanctioning.