"The American automobile industry is under so much pressure, global competitive pressure, that we simply cannot afford an escalation of this strike,” says Virginia Tech economics expert
Virginia Tech
When people feel that their resources are scarce – that they don’t have enough money or time to meet their needs – they often make decisions that favor short-term gains over long-term benefits. Because of that, researchers have argued that scarcity pushes people to make myopic, impulsive decisions.
IIASA is proud to announce the launch of its Flagship Report on Wednesday, 13 September 2023 at an official UN event in the framework of the 78th session of the UN General Assembly and the Sustainable Development Goals mid-term review.
When faced with a lucrative financial offer for more wealth than he could fathom – a wise man on a Millennium Falcon once said, “I can imagine quite a bit.” But there’s no need to imagine anything, and no waiting for the opportune moment. The big score, so to speak, is only as evasive as we allow it to be. “That may seem impossible, but it is entirely achievable,” said Daniel Chi, UNLV’s chair of the Department of Finance in the Lee Business School.
Initiative builds off of longstanding Latino-focused research at the University of Illinois Chicago
Wealthy Americans have distinct preferences regarding fairness, with a greater willingness to accept inequalities relative to the general public, according to a new University of Michigan study.
Value in Health, the official journal of ISPOR—The Professional Society for Health Economics and Outcomes Research, announced the publication of a report that identifies expensive Medicare Part B drugs with low added therapeutic benefit and models a reimbursement policy for them based on domestic reference pricing.
Study led by risk management expert Clifford Rossi for UMD’s Smith Enterprise Risk Consortium assesses hurricane risk across the United States and focuses on economically vulnerable mortgage borrowers in Florida.
"The unprecedented societal interruptions during the Covid-19 pandemic of 2020 and onward took their toll on economic activity.
A new study estimates that snakebites resulted in the loss of 3,000 productive days of work and school in the Mopeia district, causing a median financial setback of 17 USD for each affected household. This is almost five times the cost of contracting uncomplicated malaria.
Among the negative impacts of extreme weather events around the world is one that most people may not think of: an increase in child marriages.
High-impact research projects that will use quantum approaches to address climate resilience and sustainable energy; scale up educational programs for at-risk children in Nebraska and support the early childhood workforce; and make food plastics safer for consumers have been funded through the second Grand Challenges Catalyst Competition.
House prices higher in Ohio communities that vote to renew tax levies for recreational areas.
At a pivotal time for Medicaid health coverage for Americans with low incomes, a report on the impacts of Michigan’s Medicaid expansion shows very positive effects, as well as opportunities for continued improvements.
Study analyses 18 major carbon offset projects, and compares their conservation claims with matched sites that offer a real-world benchmark for deforestation levels.
A new study, published in Environmental Research Letters, finds that standalone solar photovoltaic irrigation systems have the potential to meet more than a third of the water needs for crops in small-scale farms across sub-Saharan Africa.
More than 100 policymakers, community leaders and researchers met on campus Thursday to craft solutions for Orange County’s top concerns: homelessness and the lack of affordable housing in the county.
Three years ago, administrative and faculty leaders at the Rutgers School of Environmental and Biological Sciences and the New Jersey Agricultural Experiment Station created a “beginner farmer” training program for people new to farming to address two related challenges: the aging of New Jersey farmers and the inexperience of many drawn to the profession.
Bewildering as the premature arrival of Halloween merchandise might seem, the impetus for retailers to get the jump on a holiday can be readily explained as simple economic behavior. Jadrian Wooten, a Virginia Tech professor of economics, explained what drives these early holiday displays.
Environmental regulators and other organizations should do more scientific experimentation to inform natural resource policy, according to an international group of economists that includes University of Wyoming researchers.
Researchers have linked US household income data to greenhouse gas emissions generated in creating that income, and found that 40% of total emissions are associated with income for the highest 10% of households.
Earth’s rapidly changing climate is taking an increasingly heavy toll on landscapes around the world in the form of floods, rising sea levels, extreme weather, drought and wildfire. Also at growing risk are the values of the property where these hazards are projected to worsen, according to a new study by University of Utah scholars. The research team, led by biology professor William Anderegg, attempted, for the first time, to quantify the value of U.S. property at risk in forested areas exposed to increased wildfire and tree mortality associated with climate stresses and beetle infestation.
For over 150 years, Missouri University of Science and Technology has been a leader in the field of mineral recovery, and that continued to be the case last week when the university hosted the third annual Resilient Supply of Critical Minerals national workshop.
Americans have gotten at least 12 million more years of life to live because of preventive cancer screenings they’ve gotten the past 25 years, a new study estimates. That adds up to at least $6.5 trillion in added economic impact, because of scans and tests that look for early signs of breast, colon, cervical and lung cancer in adults at the highest risk.
While U.S. inflation has come down significantly from nearly 9% to 3% and unemployment continues to stay low, it will be challenging for the Federal Reserve to reduce inflation to its target of 2% without significantly raising the unemployment rate and possibly sinking the U.S. into a recession, according to a new working paper from the University of California of San Diego’s Rady School of Management.
A new study analyzes the association between divorce and separation, dementia staging, and neuropsychiatric behavioral symptoms in older adult couples.
The Federal Reserve has increased interest rates and may curb inflation in the United States. However, for other countries, particularly developing nations, higher interest rates may create financial risks. Cristina Bodea, professor of political science at Michigan State University, shares expert insight on what this could mean.
UWF is launching the Office of Workforce Development, a one-of-a-kind presidential initiative aimed at aligning education with career success and economic growth. President Martha Dunagin Saunders appointed Dr. Sherry Hartnett to serve as the director of the office.
A recent study led by Southeast University of China reveals interdependencies in the global technology supply chain. The researchers have uncovered the profound effects of the technology outage risk and independent research and development (IR&D).
Anil K. Gupta, who has addressed the World Economic Forum multiple times and is ranked by Thinkers50 as one of the “world’s most influential management thinkers,” is selected to receive the 2023 CK Prahalad Award for Scholarly Impact.
It's that time of year again. For media working on stories about the seasonal return to school, here are the latest features and experts in the Back-To-School channel on Newswise.
Roughly 48% of adults who have never been married owned a home in 2021. Divorced adults comprised 59% of homeowners, with widowed individuals at 71%. Married adults contributed to the largest share of ownership at 80%.
The latest headlines from the Food and Water Safety channel on Newswise.
Home is where the heart is, and a well-designed home is key for well-being. For Associate Professor Rie Nomura (Laboratory of Architecture and Planning, Graduate School of Engineering), every society needs to recognize this fundamental aspect of human life, and contribute to the improvement of human lives through architecture and urban planning.
Given their research indicating public health suffers when a professional sports team makes its home in a new city, West Virginia University economists are asking whether publicly funded subsidies for sports arenas make sense.
Researchers have found that robots can have a ‘U-shaped’ effect on profits: causing profit margins to fall at first, before eventually rising again.
Many people gain their expertise in money management by trial and error. However, carefully monitoring your finances and giving them proper consideration can help avoid some common financial missteps, according to two Texas A&M University financial planners.
Climate change goals set out in the Paris Agreement are only economically reasonable if non-market factors such as human health and loss of biodiversity are prioritised, according to a new study.
Reducing waste is one way to help combat hunger around the world, but stricter control over food loss and waste does not lead to better environmental outcomes, according to researchers at the University of California, Irvine and the University of Colorado Boulder. In a paper published recently in Nature Food, the scientists stress that curbing food spoilage increases the amount of produce in markets, which leads to lower costs.
Recently published research in Psychological Science suggests that cultures from water-scarce environments tend to be more likely than cultures from water-rich areas to value long-term thinking and to scorn short-term indulgence.
In a study researchers at the Friedman School of Nutrition Science and Policy at Tufts University and the University of Nottingham Rights Lab calculated the risk of forced labor across all aspects of the U.S. food supply, excluding seafood. (For a copy of the full research study, please contact [email protected])
An Indiana University School of Medicine-led program is helping provide housing for pregnant women who are housing insecure or homeless. Housing insecurity, eviction and/or poor housing quality increase the risk of a poor birth outcome for the mother and baby.
New vehicles are responsible for around ten percent of plastic demand in the EU, and the automotive sector is the number one consumer of raw materials like aluminum, magnesium, platinum group metals, and rare earth elements. A new set of provisions, proposed by the European Commission last week to revise the EU End-of-Life Vehicles Directive, intends to enhance the circularity of the automotive sector. Empa researchers played a crucial role in defining the content of this new proposal.