Easterners are more inclined than Westerners to search too long online for the best deals because they are more sensitive to the ‘sunk cost’ of their previous search efforts, according to a study from Cambridge Judge Business School.
An online experiment reveals that the overall level of cooperation in a group almost doubles when the previous actions of all its members are rendered transparent. When all social connections within the group are also made transparent, the most cooperative band together to form their own community – ostracizing the less cooperative.
Patterns in the financing activities of firms could be used as a litmus-test to determine company value, according to a new report.
El Niño has a significant impact on the world and local economies - and not always for the worst - and countries should plan ahead to mitigate its effects, according to a new Working Paper from the University of Cambridge.
Africa’s fastest-growing economies could offer a radical alternative to the West’s current reliance on national capitalism according to an academic who helped coin the term the ‘informal economy’.
Seventy five years ago, the publication of John Steinbeck's novel The Grapes of Wrath shocked the world with its description of starvation in the midst of plenty. PhD candidate Rasheed Saleuddin is re-evaluating established views of the causes of the Great Depression and argues that there are lessons to be learned today.
Latest statistical research finds strong causal links between areas with the most suicides and areas where impoverished farmers are trying to grow crops that suffer from wild price fluctuations due to India’s relatively recent shift to free market economics.
In 2017 a new £1 coin will appear in our pockets with a design extremely difficult to forge. In the mid-16th century, Elizabeth I’s government came up with a series of measures to deter “divers evil persons” from damaging the reputation of English coinage and, with it, the good name of the nation.
Has mathematics become too complex and too dominant a force in modern economics? Yes, says Cambridge Judge Business School’s Michael Kitson; no, says economist Dr William H. Janeway. Here both experts set out their views on what’s needed to help avoid a repeat of the recent financial crisis.
Eurozone countries are still careering towards a financial and social ‘nightmare’ of their own making according to a leading academic speaking at Cambridge University on November 11.
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