Articles tagged with Market Economics
A new study from the American Marketing Association suggests that paying off small debts first can provide a significant motivation boost, leading to faster completion of even the most burdensome tasks. By focusing on smaller victories, individuals may be able to overcome procrastination and tackle larger goals with renewed energy.
A 13-year study found that bushmeat sales rose steadily with economic growth, while unenforced environmental conservation laws led to increased hunting. The research highlights the need for strong governance and enforcement of wildlife protection laws to mitigate the impact of commercial hunting on threatened species.
A study of over 150 poor women in southern India found that chronic constraints can spur entrepreneurial activity as long as periodic constraints are kept low. However, a barrage of periodic constraints can hinder entrepreneurial intention. Education can increase entrepreneurial self-efficacy and enable women to overcome temporary setb...
A study published in the June issue of Health Affairs found that PEPFAR funding was associated with a 13% increase in male employment in ten sub-Saharan African countries. The authors suggest that these findings could inform future aid allocation decisions, potentially generating significant economic benefits.
A national survey found that most Americans disclose their personal data for discounts because they believe marketers will harvest the data anyway. The study's lead author argues that marketers misrepresent consumers' behaviors as rational acceptance of 'tradeoffs,' which is not true.
A University of Kansas researcher found that strong corporate culture among employees is only important if the business faces strong pressure from the outside to be successful. Firms like Whole Foods and Apple thrived on competition, while companies with large employee turnover struggled.
A study by Washington State University found that farmers' market customers prefer having local vendors and high-quality produce over electronic payment options. The survey showed that running out of cash limits purchases, but offering alternative payment methods can benefit both vendors and customers.
A new study in the Journal of International Marketing reveals significant cross-national differences in consumer satisfaction with mobile services. In less-developed markets like Barbados, affordability is key, while in more developed countries like Singapore, quality is essential even at a higher cost.
A study by NYU researchers found that neighborhood stigma significantly impacts economic transactions, with buyers perceiving sellers from disadvantaged neighborhoods as less trustworthy and responsive. The study, which analyzed responses to online ads in 12 cities, revealed a 16% lower response rate for disadvantaged neighborhoods com...
Most firms in the digital camera sector adopt straightforward competitive pricing for 60% of new products. The choice of strategy depends on market, firm, and brand characteristics. Firms use various dynamic pricing strategies simultaneously over a portfolio of products.
A new study reveals the significant economic impact of diabetes globally, with high healthcare costs and lost wages in various countries. The review highlights the burden on individuals, families, and societies, especially in low- and middle-income nations where people with diabetes face limited access to affordable care.
A new study from the University of Toronto's Rotman School of Management found that homes sold through bidding wars have increased their market share over the last two decades. Bidding war sales rates were correlated with economic and housing booms, but not consistently across jurisdictions.
Research published by the American Psychological Association found that unemployment can lead to changes in personality traits such as conscientiousness and openness. The study suggests that policies to reduce unemployment are vital for enabling positive personality growth in individuals.
A new study by the University of Zurich found that nearly one in five suicides globally is associated with unemployment. The research analyzed data from 63 countries between 2000 and 2011, revealing a strong correlation between job loss and increased suicide rates across four regions.
A study found that Indian companies learned to compete by acquiring knowledge from leaders, competitors, and other firms in their networks. This approach allowed them to grow at a remarkable speed despite their lack of experience.
China's rapid aging poses health risks due to growing obesity, smoking, and pollution. However, policy changes such as improving education, health, and migration policies can help mitigate these challenges.
Researchers propose extending free 'super Wi-Fi' range to lower frequency bands, enabling communication partners at distances of several kilometers. The approach could relieve mobile communications networks and trigger innovations in fields such as stage microphones and digital disaster relief services.
A new RAND Corporation report highlights the ongoing struggles of military veterans in finding civilian employment, despite businesses reporting they make excellent employees. The study found that challenges remain for both veterans seeking jobs and employers trying to hire them.
A new study by the University of British Columbia's Sauder School of Business finds that Western retailers like Walmart enhance Chinese suppliers' export capabilities through improved productivity, efficiency, and quality. The study reveals a significant boost in exports from Chinese cities when foreign retail outlets increase.
A study found that more competition among physicians is associated with lower prices paid to them for common office visits. The research, published in JAMA, analyzed data from 1,058 US counties and found that less competition was linked to higher prices.
A new RAND Corporation study finds that eliminating ACA subsidies would increase premium costs by 43% and cause enrollment to drop by 68%. The study suggests that without subsidies, prices would jump sharply and many people could not afford coverage.
NJIT has been awarded a $5.67 million grant from the Department of Defense to support New Jersey's defense industry. The project, known as MarketShift, aims to help companies develop new products for existing markets and expand into non-defense markets.
Researchers found that when the economy is strong, customers focus more on past experiences with service firms and pay attention to aspects like satisfaction and effort made by the firm. The study recommends service managers to prioritize improving customer experience during good economic times to maximize revenue gains.
Researchers found no universal preference for high testosterone faces and nuanced effects of culture on mate choice. Across 12 populations, women preferred slightly less masculine faces, suggesting factors beyond infectious disease rates influence attractiveness.
A new study by USC Marshall professor Gerard J. Tellis and colleagues reveals that financial innovations can deliver significant positive returns, particularly in the United States. The research found that radical innovations, such as home mortgages and auto loans, generate higher cumulative abnormal returns due to their ability to cha...
A new study in the Journal of Consumer Research suggests that responsible consumption is a myth, shifting the burden for solving global problems from governments to individuals. The researchers found that this shift benefits corporations by creating new markets, while all the pressure falls on consumers.
Researchers estimate that shale oil and gas production provides a $302 billion yearly dividend to the US economy. Implementing an emission-reducing plan would reduce this dividend by half, but still leave significant gains. A carbon tax is considered the most efficient way to balance emissions reduction with economic benefits.
An Indiana University study found that temporary worker visas do not guarantee better jobs or wages for Mexican immigrants. In fact, these legal workers often earn less than undocumented immigrants, who can improve their situation by changing jobs or negotiating for better pay.
A Baylor University study found that people living in countries with larger governments tend to be more content, regardless of wealth or socioeconomic status. The study analyzed data from 21 advanced industrialized countries and ranked them by satisfaction levels, with Denmark and Switzerland topping the list.
A new study by Rice University researchers suggests that being part of a business group and participating in the Indian capital market can have a positive impact on an Indian company's stock market performance. The study found support for this notion using a longitudinal data set of over 10,000 companies.
A recent study by University of Chicago Booth School of Business Professor Matthew Gentzkow challenges the notion that the internet is responsible for the decline of newspapers. The research highlights three false premises in assumptions about journalism and finds that online ad rates are often compared incorrectly.
A University of Illinois study found that WIC moms who received farmers market vouchers consumed a greater variety of vegetables and fruits, despite lower prices at grocery stores. The study suggests that while vouchers can increase access to fresh produce, they may not significantly impact overall consumption.
A study by University of Miami researcher Casey Klofstad found that vocal fry is perceived negatively, particularly in labor market contexts, affecting women's hiring prospects. Women who use vocal fry are seen as less attractive, competent, educated, trustworthy, and ultimately less hirable than those with normal speech.
A statistical modeling study projects almost all European countries will experience rising obesity rates by 2030, with the highest prevalence in females in Ireland. The study highlights the need for urgent policies to reverse this trend and prevent premature mortality and economic strain on healthcare systems.
A study by researchers at the University at Buffalo found that introducing new products as brand extensions can lead to increased revenue. Sub-branding was also shown to be effective in generating greater revenues for these extensions, such as Gillette Mach3.
The paper argues that universities should value faculty patents and commercialization activities equally in decisions related to tenure and academic advancement. The authors suggest that encouraging innovation and supporting bright young faculty can lead to a culture change that recognizes the value of these activities.
A study by researchers from Mississippi State and Louisiana State Universities reveals that early planting and delaying harvest can increase yield and economic benefits for sweetpotato producers. The results showed that marketable yield of the sweetpotato cultivars was consistently greater in early plantings than late plantings.
A large-scale study found that falling stock prices are associated with a significant increase in hospitalisations for mental disorders. The researchers analyzed data from Taiwan over 4,000 days and discovered that daily changes in the stock market index coincided with increased hospitalisations. The effects were more pronounced on men...
A Dartmouth study finds that communal acequias in the US Southwest are struggling due to reduced snowmelt and socio-economic pressures. The decline reflects changes worldwide where isolated communities integrate into larger economies, altering traditional water management systems.
A community effort aims to create a comprehensive database of economic flows and resource connections to identify vulnerable bottlenecks in global supply networks. This will enable the development of more resilient economies against future climate extremes.
A team of researchers found that microbes engage in market-like behaviors, including comparing bids for commodities, hoarding resources, and eliminating competitors. This discovery has implications for understanding microbial interactions and could lead to new approaches in social microbiology.
A study by Canadian and Peruvian researchers found that the bulk of Peruvian landings' value comes from producing seafood for human consumption. The Peruvian anchovy generates up to one-third of the world's fishmeal supply but only accounts for 31% of sector revenue.
The study will focus on three leading Philadelphia arts organizations: the Chamber Orchestra of Philadelphia, Opera Philadelphia, and the Pennsylvania Ballet. The research aims to understand how these organizations cope with changing landscapes and explore best practices for other institutions.
Consumers enjoy discounts more immediately than later, according to a new study. Discounts make consumers happier but also reduce the need to justify expenditure, leading to decreased enjoyment. The study found that waiting to consume after payment can dampen pleasure-related consumption experiences.
A UN-backed report highlights the need for a 'total economic approach' to tackle global land degradation, which affects 24% of usable lands and results in estimated annual losses of $40 billion. Adopting sustainable land management practices could raise crop supplies by an estimated 2.3 billion tonnes worth $1.4 trillion.
A paper by MIT economist Alp Simsek suggests that financial innovation does not reduce portfolio risk, but instead raises it by spreading risk through new financial instruments and creating situations where parties hold opposing views. This can lead to increased average portfolio risks as speculative variance becomes dominant.
A new study by the University of East Anglia reveals that pay-to-delay deals can lead to significantly higher prices for generic versions of drugs, harming consumer welfare and health services. The research suggests that moves to investigate and ban such agreements are justified due to anti-competitive practices.
The number of big game hunters in Spain has risen significantly over the past three decades, driven by urban tourists seeking trophy hunting experiences. This trend is linked to economic factors, including increased purchasing power and the growth of commercial hunting activities.
Researchers at Washington State University found that being confident can increase a pundit's followers by nearly 17%, while accuracy only boosts it by 3.4%. The study used over 1 billion tweets to analyze the relationship between confidence and popularity.
Research by University of Copenhagen economists rejects the 'wealth effect' theory, suggesting homeowners do not increase consumption despite rising property values. The study analyzed data from 90,000 households and found that younger homeowners took out more consumption loans when given the chance.
Research suggests that highly powerful individuals often ignore constraints, but low-power team members can serve as a check. The study found that powerful people are less likely to consider risks, while their lower-powered colleagues are more aware of potential pitfalls.
Recent immigrants to Canada often over-qualified for their jobs due to language barriers and lack of work experience. However, increased proficiency in English or French, combined with post-immigration education and training, can significantly improve job matching.
The UK's rapid increase in surrogate births over the past six years poses a risk of exploitation, particularly in informal arrangements lacking professional back-up. Overseas surrogacy arrangements are also a concern due to potential financial, physical and emotional risks to adults and children involved.
A new study from Cornell University found that serving kids combined snacks of cheese and vegetables led to a 72% reduction in calories consumed. The results showed that children eating these snack combos were just as satisfied as those who ate only potato chips, making it an effective tool for reducing childhood obesity.
A new study by RAND Corporation reveals that recent Mexican immigrants to the US have a significant amount of undiagnosed disease, including diabetes and high blood pressure. Despite this, they are still generally healthier than native-born residents after accounting for undiagnosed disease.
A study by Duke University found that more than half of all US couches tested contained potentially toxic or untested chemical flame retardants. Tris, a known carcinogen, was detected in 41% of the foam samples, while pentaBDE was banned in 172 countries and 12 US states but still found in some couches.
A study by Temple University researchers found that free room giveaways are less profitable than alternative comps such as free travel and parking. In fact, casinos could see an $8.45 return on every dollar spent on their own travel and parking promotions compared to only a $2.51 return on room, food, or beverage giveaways.
Ernst Fehr, a leading economist from the University of Zurich, has been awarded the 2013 Gottlieb Duttweiler prize for his pioneering work on fairness preference and its impact on human behavior. His research has challenged traditional economic theories and shed light on the importance of social norms and cooperation.
A Temple University study reveals that 45% of highly paid professionals who were laid off would consider returning to their previous employer, emphasizing the need for fair and transparent layoff decisions. The research also highlights the impact of layoffs on survivors' attitudes towards their former employer.
The study found that 30% of Chinese urban households own credit cards, with a growth rate of 40% per year between 2004 and 2009. However, most non-card holders are unaware of safety issues and have little knowledge of credit card consequences.