Economics news
Saying sorry really does cost nothing
Sep 21, 2009 |
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(PhysOrg.com) -- Economists have finally proved what most of us have suspected for a long time - when it comes to apologising, talk is cheap. According to new research, firms that simply say sorry to disgruntled customers ...
Tiger Woods Scandal Cost Shareholders up to $12 Billion
Dec 29, 2009 |
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(PhysOrg.com) -- Shareholders of Nike, Gatorade and other Tiger Woods sponsors lost a collective $5 to $12 billion in the wake of the scandal involving his extramarital affairs, according to a new study by researchers at ...
Financial instruments could be spiked with unfindable risks
Dec 21, 2009 |
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(PhysOrg.com) -- In a result that may have implications for financial regulation, researchers from computer science and economics have revealed potentially impenetrable problems with the pricing of financial ...
Study shows health care spending spurs economic growth
Dec 14, 2009 |
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As the national discussion of health care focuses on costs, a new study from North Carolina State University shows that it might be more accurate to think of health care spending as an investment that can spur economic growth. ...
Emotions an overlooked key to whistle-blowing, study says
Dec 07, 2009 |
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A gut-level connection with workers may be the key to encouraging whistle-blowing that could chip away at an estimated $652 billion lost to fraud annually by U.S. businesses, an ongoing University of Illinois study suggests.
Failing the sniff test: Researchers find new way to spot fraud
Nov 09, 2009 |
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Companies that commit fraud can find innovative ways to fudge the numbers, making it hard to tell something is wrong by just looking at their financial statements. But research from North Carolina State University unveils ...
New theory on fairness in economics targets CEO pay
Nov 03, 2009 |
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(PhysOrg.com) -- Chief executives in 35 of the top Fortune 500 companies were overpaid by about 129 times their "ideal salaries" in 2008, according to a new type of theoretical analysis proposed by a Purdue University researcher ...
North America automobile sector bottom of 'world sustainability league'
Oct 30, 2009 |
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North American car manufacturers have come bottom of the league in the largest ever international study of the global automobile sector's sustainability performance.
The 12-step path to white-collar crime
Oct 13, 2009 |
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Adelphia Communications, Barings Bank, Enron, HealthSouth, HIH Insurance, Hollinger International, Tyco International, WorldCom/MCI, Xerox... the white collar crime list goes on. But, did the executives at these companies ...
'Apples-to-apples' analysis of Arab development yields fresh view
Sep 18, 2009 |
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The Arab world is not the socioeconomic basket case that conventional wisdom holds, says University of California, San Diego economist James Rauch.
Brown economists measure GDP growth from outer space
Sep 04, 2009 |
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Outer space offers a new perspective for measuring economic growth, according to new research by three Brown University economists. In a National Bureau of Economic Research working paper, J. Vernon Henderson, ...
Hoover's pro-labor stance helped cause Great Depression, economist says
Aug 28, 2009 |
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(PhysOrg.com) -- Pro-labor policies pushed by President Herbert Hoover after the stock market crash of 1929 accounted for close to two-thirds of the drop in the nation's gross domestic product over the two years that followed, ...
Study: Racinos create mostly low-paying jobs while depressing area incomes
Aug 07, 2009 |
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(PhysOrg.com) -- While more states are tapping into the growing popularity of racinos as a means to augment budgets or create college scholarship programs, such facilities add lower paying jobs that depress local salaries, ...
'Green' job sector off to good start
Jun 11, 2009 |
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THE CLEAN TECHNOLOGY SECTOR -- where the "green" jobs are found -- is very much in its infancy, but off to a "strong start," according to a first-of-its-kind report released Wednesday.
A strong business plan is most important when investing in start-ups
Apr 08, 2009 |
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When making investments, investors look for start-ups that have a strong business plan and a strong management team. A new study in The Journal of Finance reveals that while strong management is important, ultimately a stro ...
