World Economy

A new study finds that when high-end retailers open “off-price” stores, which sell less expensive merchandise, it reduces customer spending at their flagship “full-line” stores—but increases customer spending at their online stores. The paper, “The […]

A program that taught basic financial concepts through two-minute stories improved adults’ financial knowledge, showing promise as an easy-to-implement real-world tool.This article is brought to you by Phys.Org.

Once organizations achieve their profitability and market performance targets, they often focus on additional goals. However, these goals do not always align and can sometimes conflict. For example, prioritizing shareholder returns may come at the […]

When it comes to e-commerce, there is no overselling the importance of shipping fees when it comes to driving and dissuading transactions. After all, the No. 1 reason that users subscribe to Amazon Prime is […]

Few issues in the U.S. today are as controversial as diversity, equity and inclusion—commonly referred to as DEI.This article is brought to you by Phys.Org.

Young consumers who shop online and have FOMO (fear of missing out) tend to feel lower levels of social, psychological and financial well-being, a new study finds—but there’s one important caveat.This article is brought to […]

You have probably heard people say that “it should be worth our time to work.” This is true even in Norway, where we like to believe that we also take care of people who have […]

Wellness tourism is booming. Think yoga retreats in Bali, digital detox weekends in a rainforest, or a break on a luxury island to “find yourself.”This article is brought to you by Phys.Org.

We live in a time of growing anxiety and fear, where the disruptive forces of artificial intelligence (AI), automation, Big Data, virtual reality and augmented reality loom ominously over people’s lives.This article is brought to […]

Cornell University-led research published in The Economic Journal shows that introducing paper business telephone directories—similar to the Yellow Pages—in Tanzania boosted sales revenue by 104% for listed businesses and increased the number of sales and […]