Your financial planner has biases too, and they may shape what you hear about your house
A survey of 479 Canadian financial planners finds that their own behavioral biases, especially mental accounting and herding, are linked...
Read moreDetailsDo small gestures on a restaurant check boost tips in Turkey the way they do in America?
Three field experiments in Istanbul tested whether classic American tipping tricks, like writing "thank you" or drawing a smiley on...
Read moreDetailsICE enforcement destroyed jobs for American-born workers, new research shows
Aggressive immigration enforcement was sold as a way to put Americans back to work. But when researchers compared cities where...
Read moreDetailsFeeling thankful, wanting less: How gratitude quiets the pull of money
Four preregistered studies with over 3,000 participants found that gratitude reduces how much people want money, working through stronger feelings...
Read moreDetailsFinancial literacy boosts small businesses, but only with one key ingredient
A study of 115 small and medium enterprises finds that financial literacy is linked to stronger business performance, but only...
Read moreDetailsThe inequality warning sign: Scientists identify a key predictor of democratic decay
A cross-national study of 22 countries finds that income inequality is one of the strongest predictors of democratic erosion in...
Read moreDetailsNew study sheds light on how self-control and confidence shape your financial well-being
A study of more than 8,500 Spanish adults finds that weak financial self-control and low confidence in managing money are...
Read moreDetailsEconomists pull apart the two reasons to raise the minimum wage
A general equilibrium model finds that a $15 minimum wage improves welfare mostly by redistributing income, not by fixing inefficiencies...
Read moreDetailsCan ChatGPT beat the S&P 500? Eight months of daily picks suggest no
Tracking eight months of daily stock picks from ChatGPT, Claude, Gemini, and Grok, researchers find AI portfolios are concentrated in...
Read moreDetailsWhen inheritances shrink inequality, and when they widen it: A six-country look at the tipping point
A six-country study pinpoints where inheritances stop narrowing wealth gaps and start widening them, then compares those thresholds to each...
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