Cowboy Economics News - April 2009 Archives
Greater cognitive ability leads to more calculated risk taking
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An innovative study carried out at the University of Haifa examined factors influencing decisions by investment advisors and accountants, finding that irrelevant substance, such as newspaper articles dealing with unrelated risky decisions, affects financial decision making. The results of the study were presented at the APESA 2009 international conference on behavioral economics at the University of Haifa.
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The debt-saddled US government doesn't have to just give away billions of taxpayer dollars that will help struggling homeowners stave off foreclosure, according to a new study by a University of Illinois law and labor expert.
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The EUREKA E! 3688 INTELLGAS project has developed a cost-effective and easy-to-use approach to forecasting gas consumption up to 48 hours ahead to keep the wholesale price of gas purchases under control. The project developed a hardware and software system that measures and corrects gas consumption figures at user premises, transmits the data to the distribution center and then uses it to predict consumption based on historic use data and temperature forecasts.
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Is the recession an opportunity to move away from some traditional, and environmentally unfriendly, industries to cleaner, greener industries to create new and sustainable employment?
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Consumers are attracted to crowds in stores, but they are not likely to buy something from a crowded location, according to a new study in the Journal of Consumer Research.
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More than a decade after workers at an Illinois corn-processing plant lost a bitter, three-year standoff with management, a new book says their innovative tactics remain a how-to guide for the evolving US labor movement.
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 | A recent tax law change provided a tax break to the corporations by lowering their tax rate 85 percent on certain worldwide income ...> Full Article |
Management team important, but not as valuable to investors
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The unemployment rate for US engineering and computer occupations is increasing more rapidly than for professional occupations in general, according to data released Friday by the Department of Labor's Bureau of Labor Statistics.
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British multinationals operating in countries that lack basic human rights give around 70 percent more money to charity than firms that do not have a presence in such politically controversial nations, a new study has revealed.
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According to a new report, stress could make our financial troubles even worse. This study suggests that stress exaggerates the reflection effect; while exposed to stress volunteers were more conservative when choosing between potentially positive outcomes and were riskier when choosing between gambles that could result in a loss. These findings indicate that in financial decision making, where rational and deliberative thinking is essential, a stressful environment might hamper our ability to make decisions.
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An elder law expert contends the notion of "unfunded liabilities" is merely an ominous new catchphrase coined during debates over massive spending programs such as Social Security and Medicare that is rooted in financial fallacy.
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Genealogical tourism redefining leisure travel market, professor says
Rush to develop stock markets has huge downside
'Main Street' economic conditions misread by GDP
Stiff party competition, modest salaries good for state government, study shows
'Subjective time' can improve your bottom line