Experimental Economics Group - Faculty of Arts and Social Sciences
The overarching research goal of the experimental economics group is to understand human behaviour. We use laboratory experiments to test existing and develop new theories of how people make choices. Our work is highly multidisciplinary, combining insights and methods from economic theory, psychology, neuroscience, political science, and marketing.
This project funded by an ARC Discovery grant investigates well-known behavioural "biases" in probability and value perception through the lens of neurobiology. Through its interdisciplinary approach, this project will provide a novel and brain-compatible understanding of how people make decisions. The results will be of interest to researchers from several domains of social science, which focus on how people decide. Contact: agnieszka.tymula@sydney.edu.au
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'Home Economics' is harmfully performative | The Michigan Daily
The fact that the debut of ABC's "Home Economics" coincides almost exactly with that of the tone-deaf abomination which is CBS's "United States of Al" is horrifying. The latter, at least, has been rightfully called out by critics from the moment it released its trailer . However, "Home Economics" seems to be getting away with disseminating its own harmful, performative message.
With the two programs' releases, it appears some of the Big Three networks have recognized the market in post-Trump social consciousness. In seeking to commodify leftist movements, "Home Economics" hints at a new era of television more dystopian and dangerous than when programs stayed away from politics completely.
Why economics, not ideology, will fix the gender pay gap
Speaking to AFR Weekend days before she hands over to her yet-to-be-named successor, and after more than five years at "150 per cent", Lyons explains how change can be achieved across business, politics and the nation.
"By and large we have got to stop looking at these things from an ideological perspective and start looking at them from an economic perspective," she says.
... Economics | Bacon's Rebellion
“Virginia's small businesses are working hard on their recovery but are struggling to find the right workers to fill open positions," NFIB Virginia State Director Nicole Riley said in a Wednesday press release, as reported by The Virginia Star . "It is important that Virginia lawmakers keep small businesses a priority and focus on policies that will strengthen job growth and not hinder the small business recovery."
"Small business owners are competing with the pandemic and increased unemployment benefits that are keeping some workers out of the labor force,” said NFIB Chief Economist Bill Dunkelberg. “ However, owners remain determined to hire workers and grow their business."
10 Most Important Lessons in Economics and Finance
Principle 22: “The primary goal of any business should be to maximize the owner’s wealth.”
This lesson never seemed to sit well with many of my former finance students as it contains a sad dose of reality—without wealth, your business will eventually die.
The vast evidence demonstrating the usefulness of diversification is one of the hallmarks of the science of finance. This subject traces its roots to the beginning of modern finance with Harry Markowitz’s Portfolio Selection book.
Department of Economics: Congratulations to Haylee Faltin for being honored at the Department of
Lindsey Hasenjager, Director of Social Media and Promotions, College of Business Administration
lhasenjager@unomaha.edu • 402.554.3852
Oxford Economics: Agri-food leads a third of the Philippine economy with US$126B GDP contribution
16 Apr 2021 --- The Philippines’ agri-food sector is a key pillar in the national economy, contributing to almost a third of the country’s total GDP in 2019. A new report by Oxford Economics identifies that this industry leads a third of the national economy, contributing PHP 6.1 trillion (US$126 billion) to its GDP, which marked a 16 percent increase from 2015.
The sector remains an economic powerhouse for the country’s post-COVID-19 recovery. However, supply and demand risks, fiscal measures and a drawn-out pandemic could disrupt the recovery, notes the report.
Happening on Twitter
An army of robots that can fill a grocery order in a few minutes: Kroger's secret weapon against Amazon. https://t.co/LenLkxDeEz business (from New York and the World) Thu Apr 15 09:56:06 +0000 2021
Kroger is betting on a robotic army and automated warehouses to catch up in online grocery. Will it be a victory o… https://t.co/xkabOnZvTh Quicktake Wed Apr 14 18:25:26 +0000 2021
The quality of your coffee may soon be determined by a robot https://t.co/xEjzJjilEQ business (from New York and the World) Fri Apr 16 20:56:04 +0000 2021
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