Stars vs. numbers: How consumers perceive online rating formats
Mathematically speaking, scoring 3.5 out of 5 is the same as receiving three and a half stars on a five-star scale. But visually speaking, the numbers don't add up.
Mathematically speaking, scoring 3.5 out of 5 is the same as receiving three and a half stars on a five-star scale. But visually speaking, the numbers don't add up.
Social Sciences
Apr 18, 2024
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26
Compassionate leadership has tangible benefits: CEOs' expressions of empathy correlate with positive stock performance, a study led by the University of Zurich shows. The researchers analyzed data from conference calls between ...
Economics & Business
Apr 18, 2024
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1
The proportion of U.K. graduates who found work straight out of university fell by nearly 30% between those born in the late 70s to those a decade younger, according to a new study involving a University of Liverpool researcher.
Economics & Business
Apr 17, 2024
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4
It's not at all clear that disinformation has, to date, swung an election that would otherwise have gone another way. But there is a strong sense that it has had a significant impact, nonetheless.
Social Sciences
Apr 17, 2024
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0
A study by the University of Granada (UGR) shows that users understand advertisements better and with less effort when congruent emojis and messages are used. The findings also suggest a shift in the preferences of potential ...
Social Sciences
Apr 16, 2024
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11
Research in the Global Strategy Journal has bad news for companies struggling with corruption, discrimination, or sweatshops in their supply chain: corporate misconduct demonstrably hurts international sales. Consumers and ...
Economics & Business
Apr 16, 2024
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0
University researchers have shown that a transition to green wastewater-treatment approaches in the U.S. that leverages the potential of carbon-financing could save a staggering $15.6 billion and just under 30 million metric ...
Environment
Apr 15, 2024
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105
A new study led by Penn State researchers finds that U.S. firms actively engaged in creating innovative products or processes are more likely to expand into international markets. The findings, which apply to both rural and ...
Economics & Business
Apr 11, 2024
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1
A study by the University of Southampton has found that market forces have provided good food price stability over the past half century, despite extreme weather conditions.
Economics & Business
Apr 11, 2024
0
7
A recent study by two Ball State University faculty members has found a clear and robust link between local stock market downturns and an increase in antidepressant use among investors.
Social Sciences
Apr 10, 2024
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2
A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and variety of human communities, as well as the types of goods and services traded. Some examples include local farmers’ markets held in town squares or parking lots, shopping centers and shopping malls, international currency and commodity markets, legally created markets such as for pollution permits, and illegal markets such as the market for illicit drugs.
In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. There are two roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and allocation of resources in a society. Markets allow any tradable item to be evaluated and priced. A market emerges more or less spontaneously or is constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods.
The historical origin of markets is the physical marketplaces which would often develop into small communities, towns and cities.[citation needed]
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