Love, money, and a lovably-nicknamed molecule are all in the mix — hey, they ARE the mix — in this newly published study: “Oxytocin modulates hemodynamic responses to monetary incentives in humans,” Brian J. Mickey, Joseph Heffernan, Curtis Heisel, Marta Peciña, David T. Hsu, Jon-Kar Zubieta, Tiffany M. Love [pictured here], Psychopharmacology, epub 2016. The […]
Tag: money
The pleasure of being nasty
Dr. Klaus Abbink (pictured) of Monash Business School has (along with colleague Prof. Dr. Abdolkarim Sadrieh) experimentally examined the question of pleasure derived from deliberate nastiness – specifically with regard to joy-of-destruction. “In the joy-of-destruction game that we introduce, players can burn each other’s money, but we have removed all conventional reasons to do so. […]
Finance Folklore and Fantasy
If you’re interested in the role that folklore might have to play in the world of high finance and banking, may we recommend an article in the journal Folklore, Volume 124, Issue 3, 2013? Where author Robert McDowall, who holds a Law degree (LLB Hons) from University College London, and is based in the UK […]
Sharp shaped vegetation lifts property prices (new study)
Residential property owners who want increase the sale price of their property can try a new way of adding value – plant some palm trees out front. See: ‘Money in your palm: Sharp shaped vegetation in the surroundings increase the subjective value of houses.’ Journal of Environmental Psychology, Volume 46, June 2016, Pages 176–187 “We […]
April 30 as final day for retiring the Zimbabwe $100-trillion-dollar bills
The Reserve Bank of Zimbabwe announced its official intention that April 30, 2016, will be the final day for paying anything—anything at all—to people who turned in the now-decommissioned $100,000,000,000,000 bills, $10,000,000,000,000 bills, $1,000,000,000,000 bills, and old bills of lower denominations. That announcement: “Demonetisation of the Zimbabwean Dollar — The demonetisation of the Zimbabwe dollar which was […]
Ig Nobel winner Goldman Sachs admits innovations
Goldman Sachs, a corporation that shared the 2010 Ig Nobel economics prize, has shed some of its modesty about the innovations that earned that prize. Fortune magazine reports today: Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis Goldman Sachs effectively admitted that it had knowingly misled investors to buy shoddy products. Investment banking giant […]
Can you spot wealthy New Yorkers by their ‘R” sounds?
Is it possible to gauge how wealthy a New Yorker might be just by the way they pronounce their /r/ s? A new paper in the Journal of English Linguistics investigates whether variations of rhoticity [viz. the prevalence, or lack of, the /r/ sound in speech] in wedding-consultants’ speech could be correlated with the amount […]
Zimbabwean explains what will happen to bank accounts larger than $175 quadrillion
The Reserve Bank of Zimbabwe, the nation’s government bank, which officially controls the nation’s money, announced an end game for the famous Zimbabwean dollars. The dollars earned an Ig Nobel Prize for the bank’s previous president, Dr. Gideon Gono. The 2008 Ig Nobel Prize for mathematics was awarded to Gideon Gono, governor of Zimbabwe’s Reserve Bank, for […]
Comedy movies and risky stock trading – linked?
Attention stock-market followers – have you considered whether weekend comedy-movie attendance, and investment in risky stock-market assets on the following Monday might be linked? This question has been the subject of an in-depth investigation by Gabriele M. Lepori, (formerly) Assistant Professor of Finance at Copenhagen Business School, Denmark (now at Keele Management School, UK). His […]
The Fuzzification of Candlesticks
Having difficulty predicting the ups and downs of the stock market? Have you considered the fuzzification of candlesticks? Authors Partha Roy, Sanjay Sharma and M.K. Kowar (at the Bhilai Institute of Technology, Durg, India) have – and present their approach in the International Journal of Hybrid Information Technology, Vol. 5, No. 3, July, 2012. The […]