Over the past decades, psychologists and policymakers have been trying to devise interventions that could dissuade individuals from engaging in dishonest social behaviors, such as tax evasion or fraud. One promising strategy they identified entails asking people to...
Economics & Business
The relationship between emotions and economic decision-making differs across countries, multi-national analysis finds
When making economic decisions, humans can be driven by various factors, including their goals and emotions. Past studies have hypothesized that emotions play a crucial role in economic decisions, particularly those that involve risk or trade-offs between immediate...
The first validation of the Lillo Mike Farmer Model on a large financial market dataset
Economics and physics are distinct fields of study, yet some researchers have been bridging the two together to tackle complex economics problems in innovative ways. This resulted in the establishment of an interdisciplinary research field, known as econophysics,...