Tiffany Love’s Monetary Incentives Guide to “the Love Molecule”

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 […]

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. […]

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 […]

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 […]