Economics : Science World Report

Oct 03, 2013 05:38 PM EDT

Artifical Brain Stimulation Can Control Compliance With Social Norms

Neuroeconomists at the University of Zurich have identified a specific brain region that controls compliance with social norms. They discovered that norm compliance is independent of knowledge about the norm and can be increased by means of brain stimulation.

Sep 18, 2013 10:33 PM EDT

Neuroscience May Help Us Understand Financial Bubbles

Five years on from Lehman Brothers' collapse and “where did it all go wrong?” analysis is all the rage. Answers have varied: poor regulation, malicious bankers, dozy politicians, greedy homeowners, and so on.

Aug 27, 2013 10:01 PM EDT

Financial Innovation Fail: Rethinking Investment Risk

Does financial innovation inherently lead to greater risk in markets? An MIT economist takes a new look at the problem and says it does.

May 17, 2013 02:19 PM EDT

Economics Catch Up on Ignored Value of Research and Knowledge, Trillions in Shadow Capital

Economic growth and the current GDP are actually higher than the usual statistics show, because intangibles such as knowledge and research are not accounted for!

May 07, 2013 09:25 PM EDT

Data Confirms That High Home-Ownership Rates Damage the Labor Market and Overall Economy

A rising and high rate of home ownership is severely damaging for the labor market and thus for the health of the overall economy -- this quite logical assumption was formulated and confirmed by economic researchers who analyzed statistical data. Government policies that aim to boost the amount of h...