Money might be more motivating for people in 'WEIRD' countries

Financial rewards may be more motivating for people living in Western, educated, industrialized, rich, and democratic (WEIRD) countries, than for people from non-WEIRD countries, reports a study published in Nature Human ...

Economist tracks 'nepo baby' effect on young Americans' earnings

The children of stars who enter show business have come to be referred to as "nepo[tism] babies" in popular media. But Hollywood isn't the only industry where it pays to have a well-positioned parent. According to Matthew ...

Online finances in a pandemic

The COVID-19 pandemic has wrought tragedy, social and economic decline. However, humanity is finding ways to adapt to the so-called "new normal" in terms of health care, society, business, and finance. Writing in the International ...

'Sniffing' out counterfeit liquors

Watered-down or fake liquors can reap financial rewards for nefarious individuals, but the adulteration of liquor cheats consumers and can even lead to health hazards from added contaminants. Scientists now report in ACS ...

Employee recognition programs can reduce firm-level productivity

More than 80 percent of companies use award programs like "Employee of the Month" and "Top Sales Club" to motivate employees and increase performance. While the conventional wisdom is that such awards are cheap and can provide ...

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