Shareholder Value Destruction following Tiger Wood’s Earlier Car Crash

Tiger Woods, the celebrated professional golfer, was in a car crash in 2020. This was his second widely-reported major smash-up. After the first crash—in 2009—economists calculated some of the economic knock-on costs to companies that had paid Woods to endorse them or their products and services. They reported details in a study: “Shareholder Value Destruction […]

Wealth Inequality Among Snails

The economics of snails—specifically, what one might call “the economics of the shell game”—gets some data and hard thought in a new study. “A Comparison of Wealth Inequality in Humans and Non-Humans,” Ivan D. Chase, Raphael Douady, and Dianna K. Padilla, Physica A: Statistical Mechanics and its Applications, 2019, 122962. The authors, at Stony Brook […]

“National Income Inequality Predicts Cultural Variation in Mouth to Mouth Kissing”

A new study marries, so to speak, economics and kissing. The study is: “National Income Inequality Predicts Cultural Variation in Mouth to Mouth Kissing,” Christopher D. Watkins, Juan David Leongómez, Jeanne Bovet, Agnieszka Żelaźniewicz, Max Korbmacher, Marco Antônio Corrêa Varella, Ana Maria Fernandez, Danielle Wagstaff, and Samuela Bolgan, Scientific Reports, vol. 9, article no. 6698 […]

Voodoo dolls, the Ig Nobel Prize and why headlines matter in academia

Here’s a voodoo-doll-rich, behind-the-scenes account what happened before and after a researcher (and her team) won an Ig Nobel Prize. Elsevier Connects reports: Voodoo dolls, the Ig Nobel Prize and why headlines matter in academia How psychologist Dr. Lindie Liang captured the world’s attention with her research By Lucy Goodchild van Hilten Many researchers have a […]

Economic Consequences of Restrictions on the Usage of Cookies

The research project “Economic Consequences of Restrictions on the Usage of Cookies” has received funding to proceed. The work is being done at Johann Wolfgang Goethe University Frankfurt am Main, under the direction of Prof. Dr. Berndt Skiera [pictured here]. The university explains: So far, there exists very little empirical knowledge on the trade-off between […]

Predicting the stock market from photographs in the financial-press (new study)

If you’re inclined to make bets on the stock market, you’ll be at a considerable disadvantage if you don’t have a tight grip on so called ‘investor sentiment’ – in other words a reliable way of being able to judge the current ‘mood’ of the market. But, in practice, it’s notoriously difficult to gauge accurately. […]

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